Max Ventures Investment Holdings Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
MAXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Max Ventures Investment Holdings Private Limited, a promoter entity of Max India Limited, has filed a declaration under SEBI's Takeover Regulations confirming that the promoters and persons acting in concert (PAC) have not created any encumbrance (pledge, charge, or lien) on the shares of Max India Limited during the financial year ended March 31, 2025. The filing lists seven promoter/PAC entities, including Analjit Singh, Piya Singh, Veer Singh, Tara Singh Vachani, Max Ventures Investment Holdings, and Siva Finvest. Notably, Neelu Analjit Singh has requested reclassification from promoter to public shareholder.
This is a routine compliance filing and a positive signal for shareholders, as it confirms promoters did not pledge any shares during the year — meaning no forced selling risk from pledge calls. Shareholders should view this as a reassurance of promoter stability with no encumbrance overhang.