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Max Ventures to raise Rs 450 crore by way of rights issue

16 Jan 2018 Evaluate

Max Ventures and Industries has received an approval for raising Rs 450 crore by way of rights issue. The board of directors at its meeting held on January 15, 2018 has approved for the same.

Max Ventures and Industries was formed as one of the resultant entities following the demerger of the erstwhile Max India in January 2016.


Peers
Company Name CMP
Bajaj Finserv 1729.90
TVS Holdings 11885.75
Cholamandalam Fin. 1371.35
Altius Telecom Infra 179.00
Kama Holdings 2259.85
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