Max Estates Ltd

ASLL is a listed entity and part of the same promoter group. The transaction, which falls under related party guidelines, is in line with the strategic interests of the company and its affiliated entities. Max Estates has announced plans for its upcoming LiveWell development in Sector 36A, Gurugram, spanning approximately 18 acres with a total development potential of around 4 million square feet. As part of the project, approximately 1 million square feet will be dedicated to senior living and associated facilities/amenities, which will be managed by Antara Senior Living Limited (ASLL). ASLL, a pioneer in India's senior living sector, is the only integrated Senior Care ecosystem in the country. The LiveWell development will be located adjacent to Estate 360, Max Estates' first intergenerational development of its kind in the National Capital Region (NCR). ASLL will manage the dedicated Senior Living Residences and related spaces in an upcoming development, focusing on fostering thriving communities where every resident feels valued, healthy, and enriched. The development will feature Antara's residential living experiences, assisted care solutions, and products tailored to meet the diverse needs of senior citizens. As part of this arrangement, ASLL will receive a fee from the Developer amounting to 9.5% of the net sales revenue generated from purchasers of the senior living project, excluding applicable taxes. The estimated fee payable for the financial year 2026 is expected to be up to Rs 20 Crores, excluding taxes. Max Estates is the real estate arm of the Max Group. The company develops premium commercial and residential spaces in Delhi NCR. The company has developed a very well diversified portfolio of real estate across the two asset classes in Delhi NCR and in this pursuit has partnered with New York Life Insurance Company (NYL) particularly for commercial office platform. The company reported consolidated net profit of Rs 17.34 crore in Q4 FY25 as against net loss of Rs 1.45 crore in Q4 FY24. Net sales jumped 32.6% year on year to Rs 39.78 crore in Q4 FY25. Powered by Capital Market - Live

Net profit of Max Estates reported to Rs 17.34 crore in the quarter ended March 2025 as against net loss of Rs 1.45 crore during the previous quarter ended March 2024. Sales rose 32.56% to Rs 39.78 crore in the quarter ended March 2025 as against Rs 30.01 crore during the previous quarter ended March 2024. For the full year,net profit reported to Rs 40.81 crore in the year ended March 2025 as against net loss of Rs 42.16 crore during the previous year ended March 2024. Sales rose 72.68% to Rs 160.49 crore in the year ended March 2025 as against Rs 92.94 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales39.7830.01 33 160.4992.94 73 OPM %22.7826.02 -27.6619.12 - PBDT30.032.15 1297 71.722.11 3299 PBT21.28-6.31 LP 37.62-23.29 LP NP17.34-1.45 LP 40.81-42.16 LP Powered by Capital Market - Live

Max Estates will hold a meeting of the Board of Directors of the Company on 22 May 2025.Powered by Capital Market - Live

This marks a significant turnaround for the long-stalled site, bringing relief to homebuyers and unlocking fresh momentum for NCR's most strategically located integrated campus,' the company said. The development of the Delhi One project will consolidate Max Estates' position as a leading premium real estate developer in Noida and NCR. The development will host ultra-luxury residences, premium office spaces, curated high street retail and exclusive club facilities. Situated at the edge of South Delhi and directly connected via the Delhi-Noida-Direct (DND) Flyway, the development is just steps from key metro stations, benefitting from unparalleled connectivity across Delhi NCR. The project spans approximately 2.5 million square feet of development part of around 10 acre land parcel constituting approximately 34,696 square meters of area. Sahil Vachani, vice chairman and managing director, Max Estates, said: 'We are delighted to announce that Max Estates has taken over Delhi One. We believe that we will provide a world class real estate experience to the residents and office goers of the NCR.' Max Estates is the real estate arm of the Max Group. The company develops premium commercial and residential spaces in Delhi NCR. The company has developed a very well diversified portfolio of real estate across the two asset classes in Delhi NCR and in this pursuit has partnered with New York Life Insurance Company (NYL) particularly for commercial office platform. The company had reported a consolidated net profit of Rs 19.75 crore in the quarter ended December 2024 as against net loss of Rs 3.14 crore during the previous quarter ended December 2023. Sales rose 65.66% to Rs 40.04 crore in Q3 FY25 as compared with Q3 FY24. Powered by Capital Market - Live

Max Estates had received the final approval from the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) and now with the successful closure, Max Estates has taken over the Delhi One Project. This marks a significant turnaround for the long-stalled site, bringing relief to homebuyers and unlocking fresh momentum for NCR's most strategically located integrated campus. The development of the Delhi One project will consolidate Max Estates' position as a leading premium real estate developer in Noida and NCR. Max Estates will bring its experience and expertise in premium commercial real estate and high end residential real estate to create a state-of-the-art integrated development that will seamlessly host ultra-luxury residences, premium office spaces, curated high street retail and exclusive club facilities. Situated at the edge of South Delhi and directly connected via the Delhi-Noida-Direct (DND) Flyway, the development is just steps from key metro stations, benefitting from unparalleled connectivity across Delhi NCR. The project spans approximately 2.5 mn sq. ft. of development part of around 10 acre land parcel constituting ~34,696 sq. mt. of area. The total sales and annuity rental income potential of the project is estimated at Rs 2,000+ crore and Rs 120+ crore respectively. Powered by Capital Market - Live

Max Estates has allotted 5,684 equity shares under ESOP on 13 March 2025. Consequent to the aforesaid allotment, the paid-up equity share capital of the Company stands increased to Rs 161,00,00,840/- comprising of 16,10,00,084 equity shares of Rs 10/- each.Powered by Capital Market - Live

Net profit of Max Estates reported to Rs 19.75 crore in the quarter ended December 2024 as against net loss of Rs 3.14 crore during the previous quarter ended December 2023. Sales rose 65.66% to Rs 40.04 crore in the quarter ended December 2024 as against Rs 24.17 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales40.0424.17 66 OPM %28.9025.94 - PBDT28.59-1.31 LP PBT20.43-8.20 LP NP19.75-3.14 LP Powered by Capital Market - Live

Max Estates will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live

The said land parcel has been secured through allotment from NOIDA. The company intends to develop 2.6 million square feet with 40 percent residential (group housing) and 60 percent commercial (including office, retail and service apartments). The project has a gross development value (GDV) potential of more than Rs 3,000 crore and an annuity rental income potential of Rs 140 crore. The land acquisition is structured with a deferred payment plan, requiring an upfront payment of Rs 284 Crore, with the balance payable in eight half-yearly instalments. With this acquisition, Max Estates now has a total real estate portfolio of 17-plus million square feet well diversified across Delhi NCR in terms of geographical footprint (Delhi, Noida and Gurugram), asset classes (residential and commercial) and risk spectrum (delivered, under construction, under design and in acquisition). On the residential front, post successful launch of Estate 128 and Estate 360 with combined booking value of Rs 7,500 crore, Max Estates already has a launch pipeline of over 7 million square feet with gross development value (GDV) potential of more than Rs 14,000 crore to be delivered in FY 26 and FY 27. The commercial portfolio of Max Estates now has annuity rental income potential (across delivered, under construction and in acquisition) of over Rs 700 crore on a 100% basis. Rishi Raj, COO of Max Estates said: We are delighted with the acquisition of the mixed-use development opportunity adding 2.6 million square feet of development potential to our portfolio, a rare opportunity in a supply deficit market like Noida to meet our growth aspiration across both asset classes that Max Estates focusses on ' residential and commercial segments. As a part of our stated growth aspiration, Max Estates will continue to acquire at least 3 million square feet across residential and commercial asset classes every year to further scale its portfolio leveraging capital raised through QIP, New York Life Insurance's investment in Max Towers and Max House, preferential allotment of warrants as well as other sources like lease rental discounting.' Max Estates is the real estate arm of the Max Group. The company develops premium commercial and residential spaces in Delhi NCR. The company has developed a very well diversified portfolio of real estate across the two asset classes in Delhi NCR and in this pursuit has partnered with New York Life Insurance Company (NYL) particularly for commercial office platform. The company has reported a consolidated net profit of Rs 2.15 crore in the quarter ended September 2024, which is significantly higher as compared with the PAT of Rs 0.21 crore during the previous quarter ended September 2023. Sales rose 96.10% to Rs 40.18 crore in Q2 FY25 over Q2 FY24. The scrip slumped 7.10% to currently trade at Rs 494.90 on the BSE. Powered by Capital Market - Live

Max Estates along with its consortium partners, announces the acquisition of a strategically located 10.33 acre mixed-use land parcel in Sector 105 on Noida-Greater Noida Expressway, for Rs 711 crore. Secured through allotment from NOIDA, this acquisition presents an opportunity to develop 2.6 mn square feet with 40 percent Residential (Group Housing) and 60 percent Commercial (including Office, Retail and Service Apartments). The project has a Gross Development Value (GDV) Potential of Rs 3,000+ crore and an Annuity Rental Income potential of Rs 140+ crore. The land acquisition is structured with a deferred payment plan, requiring an upfront payment of Rs 284 crore, with the balance payable in eight half-yearly instalments. With this acquisition, Max Estates now has a total real estate portfolio of 17+ mn square feet well diversified across Delhi NCR in terms of geographical footprint (Delhi, Noida and Gurugram), asset classes (Residential and Commercial) and risk spectrum (delivered, under construction, under design and in acquisition).Powered by Capital Market - Live