Max Estates Ltd - Board Meeting Outcome for Outcome Of The Board Meeting Held On August 31, 2024 - Preferential Issue Of Warrants

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), this is to inform that the Board of Directors ('Board') of the Company at its meeting held today i.e. August 31, 2024, inter-alia, has considered and approved the following: 1. RAISING OF FUNDS UP TO ?150 CRORES BY PREFERENTIAL ISSUE OF CONVERTIBLE WARRANTS: 2. MEMBERS' APPROVAL TO PREFERENTIAL ISSUE THROUGH POSTAL BALLOT The Board meeting commenced at 19:40 IST and concluded at 19:58 IST. This is for your information and records.