Notice of the 10th Annual General Meeting and Integrated Annual Report for FY26.

July 28, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (East) Mumbai – 400 001 Mumbai – 400 051 SCRIP CODE: 544008 SYMBOL: MAXESTATES Sub: Notice of the 10th Annual General Meeting and Integrated Annual Report for FY26 Dear Sir/Madam, Pursuant to Regulations 30 and 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and further to our letter dated July 26, 2026 informing about the 10th Annual General Meeting (“AGM”) of the Company scheduled to be held on Wednesday, August 19, 2026 at 1115 hrs. (IST) through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”), in compliance with applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India, we wish to inform that: 1. The Integrated Annual Report for FY26, including the Business Responsibility and Sustainability Report, together with the Notice convening the 10th AGM, has been sent today, i.e. Tuesday, July 28, 2026, through electronic mode to all Members whose e-mail addresses are registered with the Company/Registrar and Transfer Agent/Depository Participants. 2. The Integrated Annual Report for FY26 and Notice of the AGM are also available on the website of the Company at www.maxestates.in. 3. The entire shareholding of the Company is held in dematerialised form. 4. The Company is providing the facility to vote by electronic means, i.e. remote e-voting and e-voting at the AGM, on all resolutions set out in the Notice of the AGM to Members holding shares as on the cut-o(cid:260) date, i.e. Wednesday, August 12, 2026. The remote e-voting period will commence on Sunday, August 16, 2026 at 0900 hrs. (IST) and will end on Tuesday, August 18, 2026 at 1700 hrs. (IST). Detailed instructions for registering e-mail addresses and for attending / voting at the AGM are provided in the Notice of the AGM. The Integrated Annual Report for FY26 and Notice of the AGM are enclosed herewith. Yours faithfully, For Max Estates Limited Abhishek Mishra Company Secretary & Compliance Officer Encl: a/a Max Estates Limited Corporate Office: Max Towers, L-20, C-001/A/1, Sector-16B, Noida-201301, Uttar Pradesh, India, | P: +91 120-4743222 Regd. Office: Max House 1, Dr. Jha Marg, Okhla Phase 3, Opposite Okhla Railway Station, Okhla Industrial Estate, New Delhi -110020 Email : secretarial@maxestates.in | Website : www.maxestates.in | CIN: L70200DL2016PLC438718 Shaping the Well-being Architecture. INTEGRATED ANNUAL REPORT 2025-26 Stakeholder Engagement 52 Social and Relationship Capital 96 Financial Capital 56 Governance 106 Manufactured Capital 60 Risk Management 114 Intellectual Capital 68 Statutory Reports 130 Human Capital 76 Financial Statements 232 Natural Capital 86 Notice 416 What’s Inside Corporate Overview FY26 Performance Highlights Business Overview Message from Our Leadership Operating Context Strategy Value Creation Model Materiality Max Square, Noida Integrated Annual Report 2025-26 Corporate Overview Statutory Statements Financial Statements ABOUT THE REPORT Reporting Period Financial and Materiality Forward-Looking Statement Non-Financial Reporting April 1, 2025, to March 31, 2026 The report for FY26 highlights the key factors that Certain statements in this document constitute influence stakeholder value creation. In this financial forward-looking statements. These may include This report provides a comprehensive view of financial Approach to Reporting year, Max Estates categorised its material topics under known and unknown risks, opportunities, and non-financial performance, encompassing four broad themes: Economy, Environment, Social, uncertainties, or other factors that could lead to opportunities, risks, and stakeholder impacts that Max Estates Limited (“Max Estates”, “MEL”, “the and Governance. These were identified through a materially different results. Terms such as “anticipate”, influence value creation and affect the business model Company”) is committed to transparent stakeholder detailed analysis of risks and opportunities, identifying “believe”, “estimate”, “expect”, “foresee”, “may”, and strategic objectives. It highlights performance communication and creating value for all its key stakeholders, and engaging regularly to address “plan”, “project”, “should”, and “will” typically against established plans, illustrates resource stakeholders in the short, medium, and long term. their concerns. constitute forward-looking language. These utilisation in achieving objectives, and highlights areas The Company presents its second Integrated Annual reflect the Company’s vision as of the date of this for improvement. Report, aligned with the International Integrated Board of Directors’ Assurance document. Max Estates is under no obligation to Reporting <IR> Framework. The report details the revise or publicly update these statements based on Capitals Company’s achievements, value-creation model, The Audit Committee and the Board of Directors subsequent events. governance, operational context, performance, of Max Estates confirm that this report for the This report uses the six capitals, as defined by strategy, and material issues across six capitals: financial year ended March 31, 2026, presents a fair Feedback the International <IR> Framework, to provide a financial, manufactured, intellectual, human, and balanced account of the Company’s strategy, comprehensive understanding of Max Estates’ social and relationship, and natural. This integrated performance, and value creation. It has been prepared Max Estates welcomes comments and suggestions functioning and value creation process; approach underscores its dedication to sustainable in line with the International <IR> Framework and on helping improve the Integrated Annual Report. business practices, addressing environmental ◆ Financial Capital applicable regulatory requirements. Please direct any feedback, questions, or requests and social challenges alongside financial metrics. for additional information to the Company’s Investor ◆ Manufactured Capital The Audit Committee and the Board have reviewed The report highlights the performance against Relations team at secretarial@maxestates.in and approved this report and remain committed to key indicators, emphasising the connectivity ◆ Intellectual Capital or via its website’s “Contact Us” portal. Your input upholding transparency, accountability, and long-term and transparency of information relevant to the is invaluable in shaping future editions and ◆ Human Capital value creation for all stakeholders. Company’s operations. enhancing transparency. ◆ Social and Relationship Capital Precautionary Principle Reporting Scope and Boundary ◆ Natural Capital Max Estates recognises that its most significant The report covers the period from April 1, 2025, to Stakeholders environmental impacts arise from construction March 31, 2026. It details the Company’s primary activities, building operations, and the overall activities across all operating regions and key Max Estates has identified and engaged with a development portfolio. The Company continues to support functions. diverse group of stakeholders who are integral to grow its sustainability practices through the use of the Company’s long-term success. These include low-carbon materials, energy-efficient design, and Reporting Frameworks investors, shareholders, and financial institutions who collaboration with suppliers, contractors, and tenants. provide capital and confidence; tenants, customers, This report aligns with the principles and guidelines and end-users who experience the value of its of the: offerings; and employees, along with third-party ◆ International Integrated Reporting (IR) framework contractors who drive its operations. The Company of the IFRS Foundation also engages closely with government agencies, regulators, and industry bodies to ensure compliance ◆ Un [Showing first 8,000 characters — download PDF for full document]