Max India Limited has executed a Corporate Guarantee in favor of Axis Bank Limited for an amount of ₹25 Crores. This guarantee supports credit facilities being availed by Antara Assisted Care Services Limited (AACSL), which is a wholly owned subsidiary of the company.
The execution occurred today (July 28, 2026) at 18:40 Hours.
This action is part of the board approval granted on May 28, 2026, where the Board of Directors had approved the issuance of corporate guarantees up to an aggregate amount of ₹75 Crores for loan facilities to be availed by the company's wholly owned subsidiaries.
The current disclosure serves as an update specifically regarding the lending bank (Axis Bank Limited) and the allocation of the corporate guarantee amount from the previously approved limit.
The disclosure will be hosted on the company's website at www.maxindia.com.