Max Estates Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2025
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Max Estates Limited has notified the stock exchanges that its 9th Annual General Meeting (AGM) will be held on Thursday, September 18, 2025, at 5:00 PM IST via video conferencing. The Integrated Annual Report for FY2025 along with the AGM notice was sent electronically to all members on August 27, 2025 and is also available on the company's website. The remote e-voting window runs from September 15 to September 17, 2025, with a cut-off date of September 11, 2025. The FY2025 performance highlights shared in the annual report include revenue of ₹161 crore, EBITDA of ₹44 crore, and capex of ₹677 crore. Pre-sale value crossed ₹5,300 crore (a threefold rise) with cash collections of ₹980 crore. The development portfolio expanded from 8 million to 17.1 million sq. ft., and the company ended FY2025 with a net cash surplus of ₹435 crore. The company raised over ₹1,300 crore in fresh capital during the year, including an ₹800 crore QIP, and deepened its partnership with New York Life, which now holds a 20.72% stake in the company and a 49% stake across the commercial portfolio with a cumulative ₹1,800 crore commitment.
This is a routine AGM notice, so no immediate stock price impact is expected. However, the strong FY2025 numbers—particularly the threefold jump in pre-sales, net cash positive balance sheet, and expansion of the development pipeline to 17.1 million sq. ft.—indicate strong business momentum that shareholders should review before voting on AGM resolutions.