Mumbai, April 16 -- The shares will be offered to eligible equity shareholders as of the record date, which will be determined later, according to a regulatory filing.

To implement the rights issue, the company will finalize the detailed terms-such as issue price, entitlement ratio, record date, payment terms, and timing-in line with applicable laws, it added.

Earlier, on 20 March 2025, Max India announced that its wholly owned subsidiary- Antara Senior Living-made an investment of Rs 7.03 crore in Max Estates Noida to acquire a 10% equity stake in it.

Max India is the holding company of Max Group's senior care business, Antara, an integrated service provider for all senior care needs.

The company reported a consolidated net loss of R...