News Announcement

Max India (Merged): Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 ("Listing Regulations") Read With The SEBI Circular No. CIR/CFD/CMD/4/2015 Dated September 9 2015 ('SEBI Circular')

This is to inform you that the Board of directors of the Company in its meeting held on March 20 2020 has considered and approved a proposal for further investment of upto Rs.115 Crore in Antara Senior Living Limited a wholly owned material Subsidiary (WOS) of the Company by way of subscribing to its Compulsorily Convertible Preference Shares (CCPS) in one or more tranches to meet its funding/business expansion proposals.

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