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Non Independent DirectorChairperson related to Promoter1954-01-11falseActiveYes2024-09-232020-06-012020-06-013000MrsTara Singh VachaniBBCPS3362P02610311Non-Executive - Non Independent DirectorNot Applicable1987-01-04falseActiveNA2020-06-012020-06-011020MrMohit Talwar02394694Non-Executive - Non Independent DirectorNot Applicable1959-09-17falseActiveNA2020-06-012021-01-151010MrsSharmila TagoreAAIPT1572C00244638Non-Executive - Independent DirectorNot Applicable1944-12-08falseActiveYes2020-09-252020-06-012021-01-15581110MrPradeep Pant00677064Non-Executive - Independent DirectorNot Applicable1953-12-02falseActiveNA2020-06-012021-01-15581120MrRajit MehtaAAAPM1043M01604819Executive DirectorNot Applicable1962-04-21falseActiveNA2021-01-152021-01-152100MrNiten Malhan00614624Non-Executive - Independent DirectorNot Applicable1971-08-02falseActiveNA2021-02-012021-02-01503332MrAjit SinghEAHPS4560L02525853Non-Executive - Independent DirectorNot Applicable1963-10-30falseActiveNA2022-05-252022-05-2530.091100MrRohit Kapoor06529360Non-Executive - 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Independent DirectorMember2021-12-27Stakeholders Relationship Committee02610311Tara Singh VachaniNon-Executive - Non Independent DirectorChairperson2020-06-01Stakeholders Relationship Committee00614624Niten MalhanNon-Executive - Independent DirectorMember2023-08-11Stakeholders Relationship Committee02394694Mohit TalwarNon-Executive - Non Independent DirectorMember2020-06-012024-10-24true9952025-02-06104true984Audit Committee2024-10-23true4320Audit Committee2025-02-05104true4430Nomination and remuneration committee2025-02-060true6540Stakeholders Relationship Committee2025-02-06true3310truetruetruetrueNAtruetruetrueTraptiCompany Secretary and Compliance OfficerYeshttps://www.maxindia.com/aboutYeshttps://www.maxindia.com/static/uploads/memorandumAndArticlesOfAssociation/investor-relationsgreater.pdfYeshttps://www.maxindia.com/leadershipYeshttps://www.maxindia.com/static/uploads/corporatepolicy/pdf8dc87b5e31d9eefb2da905fbf77b6469.pdfYeshttps://www.maxindia.com/corporate-policiesYeshttps://www.maxindia.com/static/uploads/corporatepolicy/pdf32099390445cc9f6f3ce3a5d328fd1cf.pdfYeshttps://www.maxindia.com/static/uploads/corporatepolicy/whistle-blower-policy.pdfYeshttps://www.maxindia.com/static/uploads/corporatepolicy/pdf73367e1fb4e164844933d1e1f5e97f62.pdfYeshttps://www.maxindia.com/static/uploads/corporatepolicy/policy-on-related-party-transaction.pdfYeshttps://www.maxindia.com/static/uploads/corporatepolicy/pdfcea6020a39f60d1567f18ee49e0e387f.pdfYeshttps://www.maxindia.com/corporate-policiesYeshttps://www.maxindia.com/investorrelations/shareholderYeshttps://www.maxindia.com/investorrelations/shareholderYeshttps://www.maxindia.com/financialreportsYeshttps://www.maxindia.com/investorrelations/shareholderNAYeshttps://www.maxindia.com/financialreportsYeshttps://www.maxindia.com/financialreportsNAYeshttps://www.maxindia.com/investorrelations/disclosuresNAYeshttps://www.maxindia.com/financialreportsYeshttps://www.maxindia.com/investorrelations/annualSecretarialComplianceReportYeshttps://www.maxindia.com/static/uploads/corporatepolicy/policy-on-determination-of-materiality-for-disclosures.pdfYeshttps://www.maxindia.com/static/uploads/corporatepolicy/pdf4b5fc635851ec0c5c705b01ba1e65671.pdfYeshttps://www.maxindia.com/investorrelations/disclosuresNAYeshttps://www.maxindia.com/static/uploads/corporatepolicy/pdf318522c024704445dac05d9deadbdbe4.pdfYeshttps://www.maxindia.com/financialreportsYeshttps://www.maxindia.com/financialreportsYeshttps://www.maxindia.com/disclosures-under-regulationYeshttps://www.maxindia.com/disclosures-under-regulationYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNANANANAYesYesYesYesYesYesYesNAYesYesYesYesYesYesNAYesYesYesNANATraptiCompany Secretary and Compliance OfficerYesTraptiCompany Secretary and Compliance OfficerfalseTraptiCompany Secretary and Compliance OfficerGurugram2025-04-2800000Max Estates Noida Private Limited2025-03-2000.10.1Commercial Tax OfficerOrder u/s 73 of the Central Goods and Services Act, 2017 was passed by the officer2025-02-20NA20000Income Tax Department2024-03-27As disclosed in the Annual Report FY 23-24 on Page 253, Note (b)(ii) Antara Purukul Senior Living Limited (“APSLL”), wholly owned subsidiary of the Company has received assessment order for FY 2021-22 against which the subsidiary has filed rectification u/s 154 & also filed appeal with Commissioner of Income Tax (Appeals) against the order. Basis the facts of the case and evaluation of the order, the subsidiary assumes the contingent liability of INR 133.28 lakhs in this regard.Antara Purukul Senior Living Limited ("APSLL"), wholly owned subsidiary of the Company: An assessment of APSLL pertaining to Assessment Year 2022-23 was completed and a demand notice of ₹ 1,113.19 lakhs was issued by the Income Tax Department. APSLL has filed an appeal against the notice, for rectifications of prima facie discrepancies on the records with Commissioner of Income Tax Appellate {"CIT(Appeals)"}. Considering the request for rectification, the CIT has adjusted accumulated losses and issued revised order dated 22.11.2024 with a demand of ₹162.45 lakhs. To accelerate the hearing process, a request letter also submitted with Principal CIT.Commissioner of Income Tax ('CIT') - AY 2015-162019-01-18As disclosed in the Annual Report FY 23-24 on Page 253, Note (b)(i), During the FY 2021-22, Max India Limited had received an income tax demand of Rs 4,119 lakhs (tax plus interest) on account of disallowance of the loss claimed on sale of shares of Neeman Medical International BV Ltd by erstwhile Max India Limited during the financial year 2014-15. Against the said Demand, the Company had filed an appeal/WRIT with Hon’ble High Court of Punjab & Haryana. The rectification application was also filed under Section 154 of Income Tax Act to allow credit of MAT of Rs. 1,187 lakhs against the said demand. Same was accepted and the revised Demand Order (with reduced interest component on account of allowance of MAT credit) reduced from Rs. 4,119 lakhs to Rs. 2,716 lakhs was raised.Proceedings were initiated u/s 263 of the Act was initiated against the Company pertaining to sale of shares of Max Neeman BV on January 18, 2019. Tax impact ~ INR 27 crores The matter is pending with the High Court. Next date of hearing is April 24, 2025.Assessing Officer - AY 2018-192024-03-22-Additions amounting to ~ INR 5.09 crores were made in assessment order of the Company u/s 143(3) dated March 22, 2024: 1. Standard deduction on house property income 2. Management service fee paid to Max Financial Services Limited (related party) 3. Provision for Leave Travel Allowance Tax impact ~ INR 1.45 crores An appeal was filed with CIT(Appeals) on April 22, 2024. The matter is pending with CIT(Appeals). Next date of hearing is awaited.Assistant Commissioner, New Delhi - FY 2015-16 to FY 2017-182021-04-22As disclosed in the Annual Report for FY 2023-24 in Note no. 35 (b)(ii). The Company is contesting these demands.On April 22, 2021, a service tax demand was raised in relation to Corporate Guarantee and Option Fees for Financial Year 2015-16 to 2017-18. The demand includes INR 4.95 Crores for FY 2015-16, INR 1.71 Crores for FY 2016-17, and INR 16 lakhs for FY 2017-18. The matter is pending with the Assistant Commissioner, New Delhi for disposal. The matter is pending disposal.