[ad_1] Shares of Max Estates Limited gained on Friday, January 24, after the real estate firm announced the acquisition of a 10.33-acre land parcel in Noida, Uttar Pradesh, for a mixed-use project. The prime land was acquired at a cost of ₹711 crore, the company said. Company Value Change %Change In a filing to the […]
Max Estates shares gain as New York Life Insurance completes ₹319 crore investment – CNBC TV18
[ad_1] New York Insurance Company has completed the acquisition of a 49% stake in two operational office complexes of Max Estates Ltd, the real estate arm of Max Group. In an exchange filing, Max Estate said that it has received ₹391 crore from the US-based insurer for the acquisition of the stake in Max Towers […]
2 real estate companies have raised ₹5,800 crore via QIPs, CNBC-TV18 learns – CNBC TV18
[ad_1] Realty firm Max Estates on Friday (August 3) has raised up to ₹800 crore through a qualified institutional placement (QIP) at an issue price of ₹597.50 per share, sources privy to the developments told CNBC-TV18. This price represents a 12.52% discount to the last closing price on the NSE and a 4.97% discount to […]
Max Estates looks at raising up to ₹800 crore via QIP: Sources – CNBC TV18
[ad_1] Max Estates is looking at raising up to ₹800 crore via qualified institutional placement (QIP) at an issue price of ₹597.50 per share, people in the know told CNBC-TV18. The company will utilise the proceeds from the QIP for the acquisition of land, interest in land and or land development rights, sources said. The […]