Max Ventures and Industries explained

Max Ventures and Industries Limited
Type:Public
Industry:Real estate, packaging films
Founded:2015
Founder:Analjit Singh
Location:Max House, New Delhi, India
Area Served:India
Key People:Sahil Vachani [1]
Owner:Max Group

Max Ventures and Industries Limited is an Indian public company of Max Group, headquartered in New Delhi, India.[2] It is the holding company for the group's real estate business, Max Estates; packaging business, Max Speciality Films; and the educational arm, Max Learning.[3] [4] The company sold a 49% stake of the speciality film business to Toppan Printing, a global printing company headquartered in Tokyo, Japan.[5] [6]

Subsidiaries

Max Estates

Max Estates is a wholly owned subsidiary of Max Ventures and Industries, which is involved in the construction and leasing of commercial and residential projects.[7] As of May 2020, it has completed three projects: Max Towers, an office complex in Noida, 222 Rajpur, a residential colony in Dehradun, and Max House, a commercial space in New Delhi.[8]

Max Speciality Films

Max Speciality Films is a joint venture with the Japan-based Toppan Printing. The company is involved in packaging films business, supplying its BoPP films to FMCG companies in India for use in food, clinical products.[9] [10]

External links

Notes and References

  1. Web site: Sahil Vachani, Max Ventures & Industries Ltd: Profile and Biography - Bloomberg Markets . Bloomberg.com . 2020-05-01.
  2. Web site: Max India to divest entire stake in Pharmax to group firm for Rs 61 crore . The Hindu BusinessLine . 2019-06-27 . 2020-05-01.
  3. News: Max Estates forms JV with New York Life for Noida realty project. Arun. Kumar. 13 February 2020. The Economic Times.
  4. Web site: Max Group completes Rs 600 cr office building in Noida, eyes Rs 70 cr rental a year. Press Trust of India. 14 April 2019. Business Standard.
  5. Web site: Max Ventures to sell 49% in speciality films biz to Japan's Toppan for $30 mn. 10 February 2017. VCCircle.
  6. News: Max Specialty Firms inducts Toppan printing as joint venture partner. Vatsala. Gaur. The Economic Times. 7 April 2017 .
  7. Web site: Capital Market . Board of Max Ventures and Industries approves investment in subsidiary - Max Estates | Business Standard News . Business-standard.com . 2020-05-01.
  8. Web site: Prince Mathews Thomas . Sahil Vachani: Building Max Group's real estate dreams . Moneycontrol.com . 2019-05-22 . 2020-05-01.
  9. Web site: MaxVIL Cements Footprint in Commercial RE in NCR . Outlookindia.com . 2020-05-01.
  10. Web site: Max Speciality Films Limited Inaugurates New BOPP Manufacturing Line - BW Businessworld . Businessworld.in . 2018-05-09 . 2020-05-01.