The uptick in the company's share price follows the news that the company's rights issue committee has approved the proposed rights issue of equity shares
Max India stock rose as much as 20 per cent during the day to hit an upper circuit of ₹240.49 per share, the best intraday session since August 29, 2022
Max India, which got delisted in June, had announced plans to invest Rs 300 crore over the next four years to develop a housing project for senior living in Noida, Uttar Pradesh
Max India, which got delisted in June, had recently announced plans to invest Rs 300 crore over the next four years to develop a housing project for senior living in Noida, Uttar Pradesh