5440082026-08-295440082026-08-292026-08-295440082026-08-29in-capmkt:FinancialYear1Member5440082026-08-29in-capmkt:FinancialYear2Member5440082026-08-29in-capmkt:FinancialYear3Member5440082026-08-292026-08-29in-capmkt:FinancialYear1Member5440082026-08-292026-08-29in-capmkt:FinancialYear2Member5440082026-08-292026-08-29in-capmkt:FinancialYear3Memberiso4217:INRxbrli:pure544008Max Estates LimitedMAXESTATESNOTLISTEDINE03EI01018NewAcquisition (including agreement to acquire)true2026-08-2821:30:002026-08-29Max Estates LimitedListed Entity (self)Wegmans Business Park Private Limited10000070000030200000true2026-08-282026-08-28true2026-09-24truePromoter GrouptrueReal EstatesThe Proposed Acquisition is being undertaken in view of the opportunities arising from the Master Plan for Delhi-2047 (“MPD-2047”), notified by the Central Government on August 20, 2026, which sets out the framework for Delhi’s planned development up to 2047, including planned development of greenfield areas through land pooling, subject to applicable regulations and approvals. Land Pooling forms an important part of this framework and enables adjoining land parcels to be brought together for integrated planning of roads, infrastructure and organised development. With the Land Pooling framework gaining momentum, including the first sector-level approvals in Zone P-II, the Company believes that the Proposed Acquisition provides an opportunity to secure a substantial long-term development platform within the National Capital and participate in the planned growth of the area. Accordingly, the Company proposes to acquire the shareholding of the Land-Owning Companies, which presently hold an approximately 84.7-acre land platform in Sector 3, Najafgarh, Delhi. The proposed Delhi platform represents approximately 4-6 million sq. ft. of development potential. The acquisition is expected to strengthen the Company’s long-term development pipeline, provide greater visibility for future project launches and establish Delhi as a further core growth market alongside Noida and Gurugram. The scale of the land platform also provides flexibility for phased development over multiple project cycles as the applicable planning framework, infrastructure and connectivity continue to evolve.Nofalse09-Oct-26Shares39713:1000Acquisition by Max Estates Limited (the “Company”) of the entire ownership interest (comprising all their equity shares together with all outstanding compulsorily convertible debentures (“CCDs”), wherever applicable), on a fully diluted basis, in: (i) Trophy Estates Private Limited; (ii) TVP Investments Private Limited; (iii) Hometrail Properties Private Limited; (iv) TR Asset Ventures Private Limited; (v) Wegmans Business Park Private Limited; (vi) Seven Heaven Buildmart Private Limited; (vii) Vitasta Estates Private Limited; (viii) Trophy Resorts & Guest Houses Private Limited; and (ix) Synergy Infracon Private Limited (collectively, the “Land Owning Companies”), which collectively hold an approximately 84.7-acre land platform situated in Sector 3, Najafgarh, Delhi, (“Proposed Acquisition”). Upon completion of the Proposed Acquisition, each Land Owning Company will become a wholly-owned subsidiary of the Company.The consideration for the Proposed Acquisition shall be discharged through the Preferential Issue for consideration other than cash by way of share swap.. The consideration is proposed to be discharged through the issue and allotment of up to 70,16,620 (Seventy lakh sixteen thousand six hundred and twenty) fully paid-up equity shares of face value ₹10 each of the Company at an issue price of ₹597.50 (Rupees Five Hundred Ninety-Seven and Paise Fifty only) per equity share, aggregating up to ₹4,19,24,30,450 (Rupees Four Hundred Nineteen Crore Twenty-Four Lakh Thirty Thousand Four Hundred and Fifty only), to the identified proposed allottees. The outstanding CCDs of the relevant Land Owning Companies, wherever applicable, shall be transferred to the Company together with the equity shares as part of the same integrated acquisition.5190000000The Company is engaged in the business of real estate, buying & selling of land, construction, builders and agriculture activities etc2004-12-242025-20261000002024-2025313000002023-20241100000India