Max India Limited — Others, 10-06-2025: Shareholders meeting

Max India Limited has announced a board meeting to seek shareholder approval via postal ballot for a related party transaction between its subsidiary Antara Senior Living Limited (ASLL) and Max Estates Gurgaon Two Limited (MEGL2). ASLL will manage the senior living segment (~1 mn sq. ft.) of Max Estates’ 18-acre LiveWell project in Gurugram, earning a fee of 9.5% of net sales revenue for its services. Estimated fees for FY25-26 are up to Rs. 20 Cr. An independent valuation confirms the terms are fair, aiming to boost project execution and sales.