Max Estates completes acquisition of balance 2.39% stake in Acreage Builders

Max Ventures and Industries announced that its wholly owned subsidiary, Max Estates has completed the acquisition of balance 2.39% equity share capital of Acreage Builders on 02 February 2023 at an enterprise value of Rs 322.50 crore. Consequent to the acquisition, Acreage Builders has become a step-down wholly owned subsidiary of the company through Max Estates with effect from 02 February 2023.

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