MAXESTATES · NSE
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Max Estates acquired approximately 84.71 acres of land in Najafgarh, West Delhi through a non-cash share-swap transaction valued at Rs 420.2 crore, marking its first residential entry into Delhi.
Max Estates has entered into a share purchase agreement to acquire 84.71 acres of land in West Delhi through a non-cash share swap transaction involving the issuance of up to 70 lakh equity shares valued at Rs 420.2 crore.
Max Estates Ltd acquired 84.71 acres of land in West Delhi from promoter-owned land holding entities in a share-swap deal worth ₹420 crore and expects revenue of ₹10,000-12,000 crore from upcoming residential and commercial projects on the site.
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