Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), Max Ventures and Industries has informed that Max Estates ('MEL'), wholly owned subsidiary of the Company has executed Share Subscription Agreement and Amended & Restated Shareholders' Agreement ('Agreements') with New York Life Insurance Company ('New York Life') on September 26, 2022 for further investment by MEL and New York Life in the equity share capital of Max Square (CIN: U70200UP2019PLC118369) in the same exiting ratio 51:49, respectively, in one or more tranches subject to requisite approval(s).
The above information is a part of company’s filings submitted to BSE.