Max Estates Reports 80% Revenue Decline and Swings to Loss in Q1 FY2026 Aug 11, 2025
Max Estates Reports Strong Q1 Results, Expands Portfolio with Strategic Acquisitions Aug 08, 2025
Max Estates COO Rishi Raj Steps Down, Effective September 30 Aug 05, 2025
Max Estates Appoints Vachan Singh as Chief Operating Officer - Projects Aug 03, 2025
More news about Max Estates
23May 25
NSE Rejects MAX ESTATES Promoter Reclassification to Public Shareholder
MAX ESTATES' attempt to reclassify promoter Neelu Analjit Singh as a public shareholder has been rejected by the National Stock Exchange (NSE). This decision maintains the company's existing promoter shareholding structure and requires continued adherence to regulatory requirements associated with promoter holdings. The rejection may impact future decisions related to equity dilution, strategic investments, and market perception of the company's governance structure.
Max Estates Reports Robust Q4 Revenue and Profit Growth
Max Estates announced impressive Q4 results with revenue rising to ₹108.20 crore, up 82.15% year-over-year. Net profit soared to ₹151.70 crore, a 270% increase from the previous year. Despite strong annual growth, there was a slight dip in net profit compared to the previous quarter. The results showcase significant financial improvements, potentially due to successful project deliveries, increased sales, or improved operational efficiencies.
24Apr 25
Max Estates Acquires Delhi One Project in Noida for Rs 3.4 Lakh, Expanding Portfolio
Max Estates Limited has acquired Boulevard Projects Pvt. Ltd. for Rs 3.40 lakh, reviving the Delhi One project in Noida through the IBC process. The project, spanning 2.5 million square feet on a 10-acre land parcel, represents a total capital commitment of approximately Rs 1,400 crore. It offers a sales potential of over Rs 2,000 crore and an annuity rental income potential exceeding Rs 120 crore. The development will feature ultra-luxury serviced residences, premium office spaces, retail outlets, and an exclusive club. Max Estates received final approvals from NCLT and NCLAT, completing the acquisition by obtaining 100% equity share capital of Boulevard Projects Private Limited.
05Apr 25
Max Estates Faces Rs 2.25 Crore GST Show Cause Notice for Input Tax Credit Claims
Max Estates Limited received a show cause notice from the GST department for allegedly inadmissible input tax credit of Rs 2.25 crore. The notice pertains to legal expenses for business acquisitions and NCLT disputes from 2018-19 to 2022-23. The company is reviewing the matter and believes it has strong grounds to contest the notice. Max Estates states there is no material impact on its operations or finances.