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Max India Limited Capital/Financing Update 2025

May 1, 2025

59500_rns_2025-05-01_d15067b5-d9a5-4401-b1f2-7726f074d0e7.pdf

Capital/Financing Update

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==> picture [172 x 62] intentionally omitted <==

Date: May 01, 2025

To, Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, 25th Floor, Dalal Street, Mumbai – 400 001

To, Listing Compliance Department National Stock Exchange of India Limited, Exchange Plaza, 5th Floor, Plot No. C/2, G Block, Bandra Kurla Complex, Bandra (E), Mumbai-400051

Scrip Code: 543223

SYMBOL: MAXIND

Subject : Newspaper advertisement regarding proposed Rights Issue of the Fully Paid-up Equity Shares of Max India Limited (“the Company”).

Dear Sir/Madam,

This is in continuation to our earlier letter dated April 15, 2025, and April 23, 2025, wherein the Company has proposed a Rights Issue of upto 82,81,973 Equity Shares of face value of Rs. 10/- each of the Company at an issue price of Rs. 150/- per Rights Equity Shares aggregating up to Rs. 12,422.96 Lakhs on rights basis to the eligible shareholders of the Company in the ratio of 19 Rights Equity Share for every 100 Fully Paid-up Equity Shares held by the Eligible Equity shareholders as on the record date i.e. Tuesday April 29, 2025. Further, the Rights Issue Committee of Board of Directors of the Company, in its meeting held on April 25, 2025, has approved the Final Letter of Offer.

In this regard, please find enclosed herewith a copy of the Newspaper Advertisement dated April 30, 2025, published on May 01, 2025, in the below mentioned newspapers: