Announced Wed, 14 Oct, 2026 · 22:29 IST

Letter of Comfort of Rs 40 Cr for subsidiary Antara Senior Living

Fund Raising View source PDF Explain this filing

MAXIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹159.10

prior close

₹159.23

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%-1.5% vs market

Holding Company peers, median of 15sector+0.0%-3.2% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 3.2 pts less than its Holding Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.7

10m

+0.2

15m

+0.6

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1-1.6-1.5+0.0-3.2

Next day

-1.7-1.0-0.7+1.0-2.6

-1.2-2.6+1.4-0.5-0.7

-3.7-5.1+1.4-3.5-0.2

-5.1-6.1+1.0-3.4-1.7

-8.0-8.3+0.3-5.5-2.5

-5.3-6.4+1.0-3.4-2.0

15d

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UpDownMarket · Nifty Microcap 250Sector · Holding Company peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Max India has executed a Letter of Comfort of Rs 40 Crores in favour of Aditya Birla Capital Limited for a credit facility being availed by its wholly owned subsidiary Antara Senior Living Limited. This is an update to the company's earlier intimation dated May 28, 2026, and is within the limits approved by the Board. The Letter of Comfort essentially acts as a financial backstop from the parent company for its subsidiary's borrowing.

Likely market impact

Mild contingent liability exposure of Rs 40 Cr; subsidiary gets funding support, but parent stands behind the loan if needed.