MAXESTATES

Jan 24 (Reuters) - Max Estates Ltd MAXS.NS:

• SECURES 10.33 ACRE LAND IN NOIDA FOR 7.11 BILLION RUPEES

• PROJECT GDV POTENTIAL OF MORE THAN 30 BILLION RUPEES

• LAND ACQUISITION REQUIRES 2.84 BILLION RUPEES PAYMENT

Source text: ID:nBSEbz1ZbF

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Dec 27 (Reuters) - Max Estates Ltd MAXS.NS:

• ACHIEVES PRE-SALES BOOKING VALUE OF 8.45 BILLION RUPEES FOR PHASE 2 ESTATE PROJECT

Source text: ID:nNSEbB3vh3

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** Shares of Indian real estate firm Max Estates MAXS.NS jump 7.1% to 587.4 rupees

** Consolidated loss narrowed to 1.38 bln rupees ($16.4 mln) from 4.52 bln rupees a year ago, rev from ops nearly doubled

** YTD stock has gained 89%

($1 = 84.0440 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of Max Estates MAXS.NS rose as much as 3% to 627 rupees before trimming gains; its biggest intraday pct gain since Sept. 20

** Real estate co revises guidance on total gross development value potential of 'Estate 360' project to 48 billion rupees ($572.97 million) from 40 billion rupees in FY25

** Estate 360 is co's first residential development project at Gurugram

** September marks MAXS's busiest month in 4 months, with about 6 mln shares traded

** Stock up 95.7% YTD

($1 = 83.7740 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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Sept 11 (Reuters) - Max Estates Ltd MAXS.NS:

• MAX ESTATES - MAX HOUSE - PHASE 2 ACHIEVES 100% OCCUPANCY

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** Shares of National Capital Region-focussed real estate developer Max Estates MAXS.NS jump ~3% to 685 rupees

** Co's board to consider fundraise up to 1.5 bln rupees ($17.9 mln) on Aug. 31

** Larger rival DLF DLF.NS down 1% amid decline in real estate index .NIFTYREAL, which MAXS is not part of

** MAXS has risen 121% YTD vs DLF's 14% gain

** Since listing in October 2023, MAXS shares are up more than 140%

($1 = 83.9025 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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July 17 (Reuters) - Max Estates Ltd MAXS.NS:

• DIRECTORS NOT DEBARRED FROM HOLDING OFFICE BY ANY SEBI ORDER OR ANY OTHER AUTHORITY

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July 15 (Reuters) - Max Estates Ltd MAXS.NS:

• MAX ESTATES - APPROVED FUND RAISE WORTH UPTO 8 BILLION RUPEES

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July 10 (Reuters) - Max Estates Ltd MAXS.NS:

• TO CONSIDER RAISING FURTHER CAPITAL

Source text for Eikon: ID:nBSE9PBRhf

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** Shares of real estate developer Max Estates MAXS.NS surges over 17% to hit record high, last up 11.3% at 369 rupees

** Co sees residential opportunity in Gurugram on land parcel with a gross development value of over 90 billion rupees ($1.1 billion)

** Trading vols 6.4x 30-day average

** Including day's gains, MAXS up 37.1% since listing in October last year

($1 = 83.2300 Indian rupees)

($1 = 83.2328 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of Max Estates MAXS.NS up 4.6% to a record high of 364.4 rupees

** Co scales record high level for second straight session

** Co said it will expand its luxury residential portfolio through a JV in Gurugram; project has gross development value of 90 bln rupees ($1.08 bln)

** It has gained 22.6% so far this week, a record weekly gain since IPO debut on Oct. 27, 2023

** Stock eyes busiest ever trading session, volumes at 7.2x the 30-day avg

** Stock has gained over 23% since listing

($1 = 83.3974 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Max Estates MAXS.NS jump as much as 18.9% to a record high of 349.7 rupees

** The real estate operator got investment worth 3.88 bln rupees ($46.5 million) from New York Life Insurance, the proceeds of which will be used for expansion of residential market

** More than 810,000 shares change hands, 4.5x its 30-day avg

** Stock gained ~7% in April, its best monthly gain since Nov.

($1 = 83.4080 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

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May 1 (Reuters) - Max Estates Ltd MAXS.NS:

• ANNOUNCES INVESTMENT OG 3.88 BILLION RUPEES FROM NEW YORK LIFE INSURANCE COMPANY

• MAX ESTATES TO USE PROCEEDS FOR EXPANDING IN HIGH GROWTH RESIDENTIAL MARKET

• UPON TRANSACTION’S CLOSE, NEW YORK LIFE WILL ACQUIRE 49% STAKES IN 2 SPVS OF MAX ESTATES

• MAX ESTATES WILL HOLD 51 % IN THE TWO SPVS AFTER THE TRANSACTIONS ARE CONCLUDED

Source text for Eikon: ID:nBSE3yQrFr

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Feb 9 (Reuters) - Max Estates Ltd MAXS.NS:

• MAX ESTATES LTD - ELEVATED SAHIL VACHANI AS VICE CHAIRMAN AND MANAGING DIRECTOR

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Jan 1 (Reuters) - Max Estates Ltd MAXS.NS:

• APPROVED THE ACQUISITION OF 100% EQUITY SHARES OF ASTIKI REALTY VIA INVESTMENT

Source text for Eikon: ID:nBSE51PWVS

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** Real estate developer Max Estates MAXS.NS to benefit from continued consolidation in National Capital Region (NCR) real estate - Ambit Capital

** Initiates coverage on MAXS with "buy" and PT of 375 rupees; MAXS shares listed on Oct. 30 after its reverse merger with Max Ventures and Industries

** Says reduction in developers in NCR led to large grade-A developers scaling up 4X-5X, implying market share gains for branded, organised developers

** MAXS to become credible developer in NCR in coming decade on multiple asset class offerings and conglomerate Max Group's brand - Ambit

** Lease-ups of projects Max Square and Max House to drive 29% revenue compound annual growth rate (CAGR) for FY23-FY26 - Ambit

** MAXS shares last up 3.9% to 268.5 rupees

** Including day's move, stock down 5.1% since closing level on Oct. 30

(Reporting by Varun Vyas in Bengaluru)

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