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Max Estates seeks shareholder approval to acquire land-owning firms in Delhi
24-Sep-2026, 07:13

Max Estates Limited convened an Extra-Ordinary General Meeting (EGM) on September 24, 2026, via video conference, where Chairman Analjit Singh informed shareholders of a proposed transaction to acquire 100% ownership, on a fully diluted basis, in nine land-owning companies holding approximately 84.7 acres of land in Sector 3, Najafgarh, Delhi. Shareholders were also asked to approve a preferential issue of equity shares for consideration other than cash (share swap) at the EGM, which ran from 12:30 hours (IST) to 13:14 hours (IST) and included time for e-voting.