<ul><li>Max India plans to raise up to Rs 125 crore through a rights issue of equity shares with a face value of Rs 10 each.</li><li>The detailed terms of the rights issue, such as issue price, entitlement ratio, record date, payment terms, and timing, are yet to be finalized.</li><li>On March 20, Max India's subsidiary, Antara Senior Living Ltd., invested Rs 7.03 crore in Max Estates Noida Pvt. Ltd. to acquire a 10% equity stake.</li><li>Shares of Max India closed 8.21% higher at Rs 200.41 apiece on the BSE, compared to a 2.19% rise in the benchmark Nifty 50.</li></ul>

Max India Plans To Raise Rs 125 Crore Via Rights Issue

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