Max Estates Limited — Others, 05-06-2025: Action(s) taken or orders passed

Max Estates has announced a board meeting on June 12 to consider the financial results for the quarter and half-year. Its subsidiary, Max Square Limited, received a tax demand of ₹21.13 lakh related to ₹63.78 lakh interest income on fixed deposits during project development for AY 2021–22. This amount is immaterial at the consolidated level and does not affect operations. Max Square is pursuing legal options to address the issue.