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MAXVIL PACKAGING BUSINESS
Max Estates listed at Rs 298, stock hit 5% lower circuitMax Estates had sold properties worth Rs 1,800 crore in its luxury housing project at Noida, Uttar Pradesh. With around one million sq ft o...
New York Life Insurance to invest Rs 290 crore in Max Estates’ SPV in GurgaonNew York Life Insurance Co, a US based mutual life insurance company, has proposed to invest Rs 290 crore for a 49% equity stake in a comme...
Max Ventures Emerges Top Bidder for Axis Bank's LandCBRE has the mandate for the auction of this parcel in addition to four other mixed-use township land parcels along the Yamuna expressway. ...
Max Estates acquires 10-acre land in Noida for Rs 306 croreMax Estates Limited, the real estate arm of the company will acquire 100% of equity in Accord Hotels and Resorts Private Limited for Rs 306...
MaxVIL announces closure of divestment of balance 51% stake in its packaging business for Rs 628 croreMaxVIL had initiated the transaction to sell its 51% remaining stake in Max Speciality Films Limited (‘MSFL’) to partner Toppan Inc on 15th...
Max group to announce first residential project by March 2022The company has divested its remaining 51% shareholding in Max Speciality Films Ltd (MSFL), a subsidiary of MaxVIL, to Japan’s Toppan Inc. ...
Max group to exit packaging films business, to focus on real estate“We have so far focused on commercial development but we will now enter the residential segment and are in final stages of acquiring three ...
Max Ventures to sell entire stake in packaging film biz for Rs 600-650 cr; to focus on real estateMax Ventures and Industries is exiting specialty packaging film business by selling its entire 51 per cent stake to Japanese joint venture ...
Max group firm MaxVIL plans to expand realty biz; looks to add at least two projects in FY22In an interview with PTI, MaxVIL MD and CEO Sahil Vachani outlined the future plan of the company in real estate to develop at least a mill...
Max Ventures and Industries Q1 net profit up three-fold to Rs 46 crIts total income rose 47.72 per cent to Rs 389 crore, as against Rs 263.33 crore in the corresponding quarter of the previous fiscal.
Max group to enter residential segment in FY22The company’s real estate vertical – Max Estates witnessed improved flow of enquiries for leasing as lockdown restrictions were relaxed fro...
Max Estates raises Rs 240 crore for upcoming commercial project on the Noida ExpresswayMax Estates will own 51% in the special purpose vehicle, Max Square Ltd, formed to develop the project, while the remaining 49% will be hel...
MaxVIL Q4 results: Profit jumps multi-fold to Rs 34 cr; firm to foray into residential realty bizTotal income rose to Rs 333.93 crore in the fourth quarter of last fiscal from Rs 258.88 crore in the corresponding period of the previous ...
MaxVIL posts 14% rise in revenue in FY21During FY20, the company recorded a one-time revenue of Rs 3,571 million on account of sale transactions at Max Towers.
MaxVIL Q3 results: Company reports strong business recovery in commercial real estate businessAt Max Towers, the company recently signed a lease for 80,000 Sq Ft with Cyril Amarchand Mangaldas (CAM) – a leading Indian legal firm.
MaxVIL Q1 results: Net profit down 47% to Rs 13 crTotal income declined to Rs 263.33 crore in the first quarter of the fiscal from Rs 429.30 crore in the corresponding period of the previou...
Max group builds office complex in Delhi at Rs 140cr; eyes Rs 20 cr annual rental incomeThis is the second commercial real estate project of the group, with one already completed in Noida last year at an investment of Rs 600 cr...
Manpreet Badal inaugurates Max Speciality Films BOPP unitThe line will be able to manufacture thicker films with advanced properties making it environment-friendly since it is conducive to recycli...
Max Ventures approaches shareholders for 36% stake sale in armEarlier this month, the respective boards of Max Speciality Films and Max Ventures and Industries (MaxVIL) approved the induction of Toppan...
MaxVIL, Japan's Toppan partner to form joint ventureAs part of the partnership, Toppan will invest approximately Rs 200 crore through a combination of primary and secondary share issuance, Ma...