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Max India Ltd ( (IN:MAXIND) ) has shared an update.
Max India Limited has announced that its Board of Directors will seek approval to fix the record date, price, and entitlement ratio for a Rights Issue of Equity Shares, amounting to Rs. 125 Crores. This move is subject to necessary approvals from stock exchanges and other regulatory authorities, and it signifies the company’s efforts to raise capital, potentially impacting its financial strategy and shareholder value.
More about Max India Ltd
YTD Price Performance: -33.82%
Average Trading Volume: 7,635
Learn more about MAXIND stock on TipRanks’ Stock Analysis page.