Max India LimitedMAXINDWatchNotablemateriality 69 out of 100
'Proposed Rights Issue of the Fully Paid-up Equity Shares of Max India Limited( the Company ).'
Update 2 of 3 in a matter ongoing since
Capitalrights issue
As filed
Max India Limited has informed the Exchange regarding 'Proposed Rights Issue of the Fully Paid-up Equity Shares of Max India Limited( the Company ).'.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.