BSECompany Update6d ago · 28 Jul 2026, 08:51 pm
As per detailed disclosure enclosed.
Max India Ltd · 543223
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Max India Ltd has executed a corporate guarantee in favour of Axis Bank Limited for an amount of Rs. 25 Crores in respect of the credit facility being availed by Antara Assisted Care Services Limited, a wholly owned subsidiary of the Company.
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Governance Concern3/10
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Max India Ltd - 543223 - Update Pursuant To Earlier Intimation Dated May 28, 2026 Regarding Issuance Of Corporate Guarantee
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July 28, 2026
Listing Department Listing Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex,
Dalal Street Bandra (East)
Mumbai – 400 001 Mumbai – 400051
Scrip Code: 543223 Name of Scrip: MAXIND
Subject: Update pursuant to earlier intimation dated May 28, 2026 regarding issuance of
Corporate Guarantee.
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”) and in continuation to our earlier intimation
dated May 28, 2026 regarding the outcome of the meeting of the Board of Directors of the Company,
wherein the Board had approved the issuance of corporate guarantee(s) up to an aggregate amount of
Rs. 75 Crores for the loan facilities to be availed by the wholly owned subsidiaries of the Company, we
would like to inform you that the Company has today executed a Corporate Guarantee in favour of Axis
Bank Limited (“Lending Bank”) for an amount of Rs. 25 Crores in respect of the credit facility being
availed by Antara Assisted Care Services Limited (“AACSL”) a wholly owned subsidiary of the
Company.
The details as required under Regulation 30 read with Schedule III of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015, were already disclosed vide our aforesaid intimation
dated May 28, 2026. The present intimation is being made to provide an update regarding the Lending
Bank and the allocation of the Corporate Guarantee amount approved by the Board.
This disclosure will also be hosted on the Company's website viz www.maxindia.com.
The time of occurrence of event is 18:40 Hours, today.
Kindly take the same on records.
Thanking you,
Yours faithfully,
For Max India Limited
Trapti
Company Secretary and Compliance Officer
MAX INDIA LIMITED
CIN: L74999DL2019PLC464953
Corporate Office: Landmark House, 3rd Floor, Plot No. 65, Sector-44, Gurgaon - 122003, Haryana | www.maxindia.com
+91 124 6984444 | Regd. Office: Max House, 1, Dr. Jha Marg, Okhla, New Delhi, India – 110020