Max India Limited, a prominent player in the Indian healthcare and allied sectors, has successfully raised ₹80.35 crore through a preferential issue of convertible warrants. The company's Board of Directors approved the allotment of 36,19,594 fully convertible warrants at ₹222 per warrant on September 24, 2025.

Warrant Allotment Details

The allotment includes both promoter and non-promoter entities, with the following breakdown:

Key Points of the Preferential Issue

• Total Warrants Issued: 36,19,594
• Issue Price: ₹222 per warrant
• Total Amount Raised: ₹80,35,49,868

Warrant Conversion and Lock-in Period

Each warrant is convertible into one fully paid-up equity share of ₹10 upon payment of the remaining 50% consideration. The allotted securities are subject to lock-in restrictions as per the Securities and Exchange Board of India (SEBI) regulations.

Initial Payment and Future Conversion

Max India has received 50% of the total consideration, amounting to ₹40,17,74,934, at the time of allotment. The balance 50% will be payable upon conversion of the warrants into equity shares.

Regulatory Compliance

The preferential issue was conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed the BSE Limited and the National Stock Exchange of India Limited about the allotment.

This strategic move by Max India Limited is expected to strengthen its financial position and support its growth initiatives in the healthcare sector. The participation of both promoter and non-promoter entities in this preferential issue demonstrates confidence in the company's future prospects.

Max India , through its wholly owned subsidiary Antara Senior Care, has unveiled a compelling digital campaign featuring popular television actor Hiten Tejwani. The campaign, titled 'Expert Senior Care, Apno Jaisi,' aims to raise awareness about dignified care solutions for India's rapidly growing senior population.

Addressing the Challenges of an Aging Population

The five-part digital campaign highlights the emotional realities of aging and caregiving in contemporary India. As families become increasingly geographically dispersed, with children moving away for education or work, the campaign addresses the growing concerns about elderly care and well-being.

Ishaan Khanna, CEO of Antara Assisted Care Services, explained the rationale behind the campaign: "Social and family structures have changed vastly over the past few decades, weakening the traditional support systems that existed for seniors. The 'Expert Senior Care, Apno Jaisi' campaign is our way of starting an honest conversation about the anxieties of caregiving and the loneliness of aging, and to demonstrate how Antara can provide both health and emotional care."

Comprehensive Care Solutions

Antara Senior Care offers a range of services designed to meet the diverse needs of the elderly population, including:

• Stroke recovery
• Post-surgical rehabilitation
• Dementia care
• Assisted living
• 24x7 medical support

The company operates Care Homes and Memory Care Homes in key urban centers, including Noida, Gurugram, Bengaluru, and Chennai. These facilities provide both short-term and long-term residential care, along with specialized services such as rehabilitation and transition care.

Meeting a Growing Demand

The launch of this campaign comes at a critical juncture in India's demographic shift. According to the JLL-ASLI Senior Housing Report, India's senior population is projected to more than double from 156.7 million in 2024 to approximately 346 million by 2050. This demographic change, coupled with evolving family structures and migration patterns, underscores the increasing need for structured and compassionate senior care solutions.

A Holistic Approach to Senior Care

Antara's facilities are designed to provide a home-like environment with comprehensive medical support. The care homes offer:

• Customized care plans
• Round-the-clock doctor access
• Experienced nurses and staff
• Therapeutic services including physiotherapy, speech therapy, and occupational therapy
• In-house pharmacy and pathology services
• Curated engagement calendars
• Nutritionally assisted meals

Expanding Senior Living Options

As part of its commitment to senior care, Antara is expanding its presence in the senior living sector. The company operates a senior residential community in Dehradun and is set to open a second community in Noida's Sector-150. Furthermore, Antara will manage senior living residences and primary healthcare services at Estate 360, an intergenerational community being developed by Max Estates in Gurugram.

The 'Expert Senior Care, Apno Jaisi' campaign by Antara Senior Care not only highlights the company's range of services but also initiates an important dialogue about the future of elderly care in India. As the country's demographic landscape evolves, initiatives like this play a crucial role in preparing for the challenges and opportunities that lie ahead in senior care.