Announced Thu, 23 Apr · 19:28 IST
Max Estates declares non-applicability of Large Corporate framework
Compliance View source PDF
MAXESTATES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹401.35
prior close
₹401.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.9-1.5-1.2-0.1-0.8+0.9-2.8+0.9+2.4-2.3+9.6+9.0-2.8
Up moveDown movePending
AI summary
Max Estates Ltd has informed exchanges that it does not qualify as a 'Large Corporate' under SEBI's October 2025 Master Circular on debt securities. The company reported outstanding borrowings of just INR 1.19 crore as of March 31, 2026, well below the required threshold. Its credit rating of 'A' from CARE Ratings was withdrawn in August 2025.
Likely market impact
Routine compliance filing; no material impact as borrowings are minimal and Large Corporate obligations do not apply.