MAX VENTURES AND INDUSTRIES LIMITED (CIN : U85100PB2015PLC039204) Registered office: 419, Bhai Mohan Singh Nagar, Village Railmajra, Tehsil Balachaur, Nawanshahr, Punjab - 144533 Tel. Max Estates onboards New York Life Insurance Company (NYL), as co-investor for its Office Project at Noida. All rights reserved. Max Ventures and Industries - Crunchbase Company Profile & Funding Analjit Singh | Founder & Chairmain | Leadership Team | Max Estates Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Max Ventures and Industries Ltd on Tuesday said its board has approved amalgamation of the company with its wholly-owned subsidiary Max Estates Ltd as a part of group's restructuring exercise and to focus completely on real estate business. Further, the shares held by the transferor company in the transferee company will get extinguished and cancelled. Subsidiaries on a consolidated basis. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. References to "you" are to the prospective investors in the Issue. MVIL and MEL operate businesses that complement each other and therefore, can be combined for mutual benefit of the shareholders. In November, Max Ventures and Industries had announced an exit from specialty packaging film business. You can also read our privacy policy, We use cookies to ensure the best experience for you on our website. According to a regulatory filing, the company informed that the board of directors, in its meeting held on April 18, has approved the "composite scheme of amalgamation and arrangement amongst Max Ventures and Industries Ltd and Max Estates Ltd and their respective shareholders and creditors." Post this acquisition, Acreage Builders has become a step-down subsidiary of Max Estates. The scheme is for amalgamation of Max Ventures and Industries Ltd (MVIL or transferor company) with Max Estates Ltd (MEL or transferee company). This is being developed through a joint venture with New York Life Insurance Company, which has a 49 per cent stake in the project. 196 crores for a 49% equity stake. Max Ventures subsidiary acquires majority stake in Acreage - CNBCTV18 Max Ventures and Industries to amalgamate with subsidiary Max Estates It aims to create, build and operate Grade A+ office spaces in Delhi-NCR. In this paper, a mixed-integer linear programming (MILP) model is developed to determine optimal production-distribution planning in electromotor manufacturing industries. Max Ventures and Industries Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022. It has developed second office building 'Max House' at Okhla in the national capital with around 2 lakh square feet of leasable area. Max Speciality Films Limited (MSFL) manufactures biaxial oriented polypropylene (BOPP) films and caters to the packaging films industry. The company has entered into a partnership with New York Life. "China 2030" provides a data-powered look into the Asian giant's not-so-distant future and what it could mean for the global economy. In November, Sahil Vachani, MD and CEO of Max Ventures and Industries, had said, "The decision to divest the residual 51 per cent stake in specialty packaging business to the existing partner is to generate additional growth capital to deploy in the real estate business that offers tremendous growth opportunities.". Feb. 03. Max Ventures and Industries to amalgamate with subsidiary Max Estates Max Ventures and Industries Limited (MVIL) operates as a holding company. Max Speciality Films (MSFL) manufactures specialty packaging films. Both land parcels, in Sector 129, Noida, are spread across ~4 acres combined and are contiguous to Max Estates' under-construction grade A+ commercial office project, 'Max Square' which is the 3rd office development by Max Estates in Delhi NCR. Max Ventures and Industries Limited is an Indian public company of Max Group, headquartered in New Delhi, India. These two additional lines are one of the newest and most technologically advanced with superior production capabilities. The Company, through its subsidiaries, manufactures specialty packaging films, and offers biaxially oriented polypropylene . Max Ventures & Industries (MaxVIL), a part of the leading Indian multi-business conglomerate Max Group, owns and operates a real estate business through its 100% subsidiary, Max Estates, and a packaging films business through Max Speciality Films, a 51:49 strategic partnership with Toppan, Japan. With the divestment, the company had said it would be able to create a war chest of more than Rs 1,000 crore for expansion in the residential and commercial real estate portfolio inDelhi-NCR. 220 crores, in early August, subject to customary statutory approvals. It has developed second office building 'Max House' at Okhla in the national capital with around 2 lakh square feet of leasable area. Which industries has this organization had the most exits in? Which investors participated in the most funding rounds? The amalgamation would lead to simplification of the existing holding structure and reduction of shareholding tiers to remove impediments, if any, in facilitating future expansion plans and create enhanced shareholder value. 2 Artificial Intelligence Stocks That Could Help Make You a Fortune See the company profile for Max Ventures and Industries Limited (MAXVIL.NS) including business summary, industry/sector information, number of employees, business summary, corporate governance . -- Holding firm Max Ventures & Industries subsidiary Max Specialty Film started the operations of the first of the two metallizers that the company had announced in December 2020. According to a regulatory filing, the company informed that the board of directors, in its meeting held on April 18, has approved the "composite scheme of amalgamation and arrangement amongstMax Ventures and IndustriesLtd and Max Estates Ltd and their respective shareholders and creditors.". shogun.jain@sgapl.net / deven.dhruva@sgapl.net, Transcript : Max Ventures and Industries Limited, Q4 2023 Earnings Call, May 23, 2023, Max Ventures and Industries Limited Appoints Abhishek Mishra as Company Secretary and Compliance Officer, Latest news about Max Ventures and Industries Limited, Max Ventures and Industries Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023, Max Ventures Unit Enters Gurugram, India, with New Residential Development, Transcript : Max Ventures and Industries Limited, Q3 2023 Earnings Call, Feb 07, 2023, Max Ventures and Industries Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022, Max Ventures Arm Completes 100% Stake Acquisition in Acreage Builders, Max Ventures and Industries Limited Announces Resignation of Ankit Jain as Company Secretary and Compliance Officer, Effective January 11, 2023, Transcript : Max Ventures and Industries Limited, Q2 2023 Earnings Call, Nov 10, 2022, Transcript : Max Ventures and Industries Limited, Q1 2023 Earnings Call, Aug 08, 2022, Transcript : Max Ventures and Industries Limited, Q4 2022 Earnings Call, May 25, 2022, Chart Max Ventures and Industries Limited, Sector This is in line with its focus since the last few years to co-create packaging films innovations in consultation with leading FMCG companies. Further please find enclosed herewith a press release being issued by the Company. CIR/CFD/CMD/4/2015 issued by SEBI on September 09, 2015 is furnished as under: 1. Max Estates Limited (MEL) is a real estate arm of the Max Group that focuses on the development of commercial real estate. 1. (ii) 9,80,00,000 Equity Shares to New York Life. Consequent to the completion of acquisition, Acreage Builders Private Limited has become a step- down subsidiary of the Company through Max Estates Limited with effect from October 27, 2022. . This will alert our moderators to take actions, Published On Apr 19, 2022 at 07:30 PM IST, Max Ventures and Industries to amalgamate with subsidiary Max Estates. Max Group - Wikipedia The structure is as follows: Max India Antara Senior Living (senior living) Max Financial Services Max Life Insurance Max Ventures and Industries Max Ventures and Industries Limited places absolute importance to protect your privacy.ax Ventures & Industries Limited and our operating subsidiaries value and About Us Overview Leadership Awards Our Journey Our Brand CSR J V Partnership Our Businesses Max Estates Max Asset Services Max I. Max Specialty FIlms Investor Relations Overview Financials Name(s) of parties with whom The Agreements are entered into between MEL, Max, 2. Nykaa is an online marketplace for different beauty and wellness products. All rights reserved. Max Estates: Max Ventures and Industries to amalgamate with subsidiary In November, Sahil Vachani, MD and CEO of Max Ventures and Industries, had said, "The decision to divest the residual 51 per cent stake in specialty packaging business to the existing partner is to generate additional growth capital to deploy in thereal estatebusiness that offers tremendous growth opportunities.". The company's consolidated net profit declined 29.90% to Rs 2.04 crore on a 10.07% rise in net sales to Rs 296.09 crore in Q3 FY21 over Q3 FY20. Rs 30 crore for the first metallizer line was funded by MaxVIL and its Japanese partner Toppan in the proportion to their shareholding in MSFL, that is 51:49. Whether, the said parties are New York Life is not related to the promoter/promoter, It is proposed to issue following securities to MEL and New. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalize content and targeted ads, analyze site traffic, and understand where our audience is coming from. Angel - Uber), Number of Investors: Total number of Investors in a Funding Round, Money Raised: Amount of money raised in Funding Round, Lead Investors: Name of the investor who led the investment in the funding round, The date when the Organization went public, Total number of investment firms and individual investors, Investor Name: Name of the investor who participated in the Investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Partners: Name of the individual who led a funding round for his/her firm, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Acquiree Name: Name of the acquired organization, Announced Date: Date the acquisition was announced, Transaction Name: Auto-generated name of transaction (e.g. Max Ventures and Industries - Funding, Financials - Crunchbase Max Asset Services Limited (MAS) focuses on providing Real Estate as a service -facility management, community development and managed offices in commercial real estate. Max Ventures and Industries Ltd on Tuesday said its board has approved amalgamation of the company with its wholly-owned subsidiary Max Estates Ltd as a part of group's restructuring exercise and to focus completely on real estate business. AAPL, FB, TWTR), Total amount raised across all funding rounds, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. Max Ventures and Industries has acquired Acreage Builders on Sep 7, 2022. The Company, through its subsidiaries, manufactures specialty packaging films, and offers biaxially oriented polypropylene and thermal lamination films. Max Ventures and Industries Ltd through its subsidiaries, manufactures and sells biaxial oriented polypropylene films. Max Ventures and Industries Limited (MVIL) operates as a holding company. Amazon. The company sold its entire 51 per cent stake to Japanese joint venture partner Toppan Printing for Rs 600-650 crore as part of the company's decision to fully focus on real estate segment. Commenting on the announcement, Mr. Sahil Vachani, MD & CEO of MaxVIL said, "New York Life Insurance Company has a long-standing relationship with Max Group and Max Estates, and has been a valued partner with us through our journey". "The amalgamation would result in financial resources being efficiently pooled, leadlng to centralised and more efficient management of funds, greater economies of scale and a bigger and stronger resource base for future growth which are presentiy divided amongst two separate corporate entities within the group," it said. Optimal production-distribution planning in electromotor manufacturing In November, Max Ventures and Industries had announced an exit from specialty packaging film business. No. Distributed by Public, unedited and unaltered, on 27 September 2022 19:05:01 UTC. ADSERT WEB SOLUTIONS PVT. The Company is engaged in the business of investments and providing consultancy . Max Ventures and Industries : Acquisition - MarketScreener.com Amazon. Max Ventures and Industries Ltd. to merge with Max Estates Max Ventures and Industries Limited is an India-based holding company. Recently, company has also forayed into the residential segment with its first project planned to be developed in Noida. Max Ventures and Industries to amalgamate with subsidiary Max Estates Established in 2016, Max Estates Limited is the real estate arm of the Max Group and a wholly owned subsidiary of MaxVIL. Max India demerges into 3 entities - Deccan Herald Insurance Company (New York Life) for its 3rd commercial project in Delhi-NCR named Max Square. Structure Three publicly listed holding companies fall under Max Group: Max Financial Services, Max Ventures and Industries and Max India. In November,Max Ventures and Industrieshad announced an exit from specialty packaging film business. The Company s operating businesses include Max Estates Limited, Max Asset Services Limited, Max I. ), India ("Land Parcels"), which were auctioned by Axis, Bank Limited, which currently holds the leasehold rights of, development of commercial office space at FAR of 4 (Total, MEL holds 51% and New York Life holds 49% of the equity, share capital in Max Square Limited. Max Ventures and Industries to amalgamate with subsidiary Max Estates Their most recent investment was on Aug 8, 2017, when Azure Hospitality raised $12M. Copyright 2023 Surperformance. LTD. 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301, tripti@exchange4media.comrealtyplus@exchange4media.com, MD and CEO of Max Ventures and Industries. Other Real Estate Services. The company is now developing a new office complex 'Max Square', comprising 7 lakh square feet of leasable area, on Noida Expressway. This is being developed through a joint venture with New York Life Insurance Company, which has a 49 per cent stake in the project. Max Ventures and Industries Ltd. published this content on 27 September 2022 and is solely responsible for the information contained therein. In November, Max Ventures and Industries had announced an exit from specialty packaging film business. Max Ventures And Industries Ltd. Share Price Today, Market Cap, Price These two additional metallizer lines were planned as a part of MSFL's strategy to continue to embark on its specialty journey. - Planning, organizing and controlling the operation of laboratory equipment and managing all technical operations in accordance with GLP standards. MAX;VENTURES&! Max India wraps up three-way demerger - Business Standard Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Max Asset Services Limited (MAS) focuses on providing Real Estate as a service -facility management, community development and managed offices in commercial real estate. MVIL will provide mentoring and growth capital fot investee organisations. Max Ventures and Industries - Wikipedia Max Estates, the real estate arm of Max Ventures & Industries Limited (MaxVIL), announced its SPV, Max Square Limited's, successful bid for two land parcels auctioned by Axis Bank for a total cost of Rs. "MSFL has commenced first of the two metallizer lines today (20 April 2021), Max Ventures said in a statement. Hojjat Jafarpour - University of California, Irvine The metallizer. : Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") - Agreement(s). Sub. Max Ventures and Industries Limited (MAXVIL.NS) - Yahoo Finance MVIL serves customers worldwide. Max Estates is a wholly owned subsidiary of Max Ventures and Industries, which is involved in the construction and leasing of commercial and residential projects. MaxVIL also has a real estate services & management company - Max Asset Services. Max Ventures & Industries Ltd - Company Profile and News Urmia University. The proposed model is a multi-product and multi-period . Copyright 2023 Surperformance. The Company, through its subsidiaries, manufactures specialty packaging films, and offers biaxially oriented polypropylene . - Worked with fungi and bacteria in a sterile environment that caused product spoilage. Max Ventures and Industries : Acquisition - MarketScreener.com Max Ventures and Industries Limited is an India-based holding company. In addition, Max Square, Limited shall have independent directors on Board in, b) MEL and New York Life shall have pre-emptive right for, subscription to fresh issuance of securities of Max, Square Limited proportionate to their shareholding; and, 4. Department of Computer Science Bren Hall, Room 2099 University of California, Irvine Irvine, CA 92697-3435 TEL: (949) 824-3011 Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit, This describes the stage of investments made by this organization (e.g. The addition of another ~4 acre of land, in the same SPV, will enable the development of ~6.6 acre of mixed use campus. Max Ventures and Industries Ltd on Tuesday said its board has approved amalgamation of the company with its wholly-owned subsidiary Max Estates Ltd as a part of group's restructuring exercise and to focus completely on real estate business. Amazon ( AMZN 1.10%) isn't the first company to come to mind in a discussion about gaming, as it's . The amalgamation would lead to simplification of the existing holding structure and reduction of shareholding tiers to remove impediments, if any, in facilitating future expansion plans and create enhanced shareholder value. After the scheme comes into effect, the transferor company will be automatically dissolved without being wound up. In consideration of the amalgamation, MEL or the transferee company will issue its equity shares to the equity shareholders of the MVIL or transferor company. Feb. 19. ), First Published: Apr 19 2022 | 7:35 PM IST. New Delhi, Apr 19 (PTI) Max Ventures and Industries Ltd on Tuesday said its board has approved amalgamation of the company with its wholly-owned subsidiary Max Estates Ltd as a part of group's . MaxVIL also has a real estate services & management company - Max Asset Services and an investment subsidiary, Max I., which supports real estate entrepreneurial ventures. Its vision is to bring the Group's values of Excellence, Credibility and Sevabhav to the Indian real estate sector. Max Ventures and Industries : & Industries Unit Starts Commercial Operations of New Metallizer; Shares Rise 3%, Transcript : Max Ventures and Industries Limited, Q4 2023 Earnings Call, May 23, 2023, Max Ventures and Industries Limited Appoints Abhishek Mishra as Company Secretary and Compliance Officer, Latest news about Max Ventures and Industries Limited, Max Ventures and Industries Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023, Max Ventures Unit Enters Gurugram, India, with New Residential Development, Transcript : Max Ventures and Industries Limited, Q3 2023 Earnings Call, Feb 07, 2023, Max Ventures and Industries Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022, Max Ventures Arm Completes 100% Stake Acquisition in Acreage Builders, Max Ventures and Industries Limited Announces Resignation of Ankit Jain as Company Secretary and Compliance Officer, Effective January 11, 2023, Transcript : Max Ventures and Industries Limited, Q2 2023 Earnings Call, Nov 10, 2022, Transcript : Max Ventures and Industries Limited, Q1 2023 Earnings Call, Aug 08, 2022, Transcript : Max Ventures and Industries Limited, Q4 2022 Earnings Call, May 25, 2022, Chart Max Ventures and Industries Limited, Sector For every one equity share held in MVIL, the shareholders will be issued one share credited and fully paid-up in MEL. With the commercialization of this metallizer line and another on track to be commercialized in Q3 of FY22, MSFL will significantly enhance its capabilities in the specialty product portfolio catering to the high-end premium needs of the customers. Max Ventures and Industries Ltd on Tuesday said its board has approved amalgamation of the company with its wholly-owned subsidiary Max Estates Ltd as a part of group's restructuring exercise and to focus completely on real estate business. Vedanta share price 234.05 -1.74% Business News / Companies / News / Max Ventures to amalgamate with Max Estates. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors. Max Ventures and Industries : Agreements/Contracts/Arrangements/ MOU's PARA B, Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") - Agreement(s). PDF MAX VENTURES AND INDUSTRIES LIMITED - maxvil.com In November, Max Ventures and Industries had announced an exit from specialty packaging film business. Max Ventures and Industries has made 3 investments. Limited and Max Speciality Films Limited. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Max Ventures & Industries (MaxVIL), a part of the leading Indian multi-business conglomerate Max Group, owns and operates a real estate business through its 100% subsidiary, Max Estates, and a packaging films business through Max Speciality Films, a 51:49 strategic partnership with Toppan, Japan. solely focuses on promising real estate tech investments. Max Ventures & Industries to Amalgamate With Subsidiary Max Estates Max Ventures and Industries Ltd said its board has approved amalgamation of the company with its wholly-owned subsidiary Max Estates Ltd as a part of group's restructuring exercise and to focus completely on real estate business. After the scheme comes into effect, the transferor company will be automatically dissolved without being wound up. Which types of acquisition does this organization make most frequently. New Delhi, Apr 19 (PTI) Max Ventures and Industries Ltd on Tuesday said its board has approved amalgamation of the company with its wholly-owned subsidiary Max Estates Ltd as a part of group's restructuring exercise and to focus completely on real estate business. The total development potential of the ~6.6 acre campus including the currently under construction Max Square (~0.7 Mn square feet) is ~ 2.0 Mn square feet. Max Ventures and Industries, through its subsidiary, Max Specialty Films, manufactures specialty packaging films. In November, Max Ventures and Industries had announced an exit from specialty packaging film business. The Company is engaged in the business of investments and providing consultancy services to group companies. MaxVIL is listed on NSE and BSE. Max Ventures gains after subsidiary commercializes metallizer line After the commercialization of second line, MSFL will have a total of 6 metallizer lines. As of May 2020, it has completed three projects: Max Towers, an office complex in Noida, 222 Rajpur, a residential colony in Dehradun, and Max House, a commercial space in New Delhi. In November, Sahil Vachani, MD and CEO of Max Ventures and Industries, had said, "The decision to divest the residual 51 per cent stake in specialty packaging business to the existing partner is to generate additional growth capital to deploy in the real estate business that offers tremendous growth opportunities.". The scheme is for amalgamation of Max Ventures and Industries Ltd (MVIL or transferor company) with Max Estates Ltd (MEL or transferee company). 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