Max Estates Limited
Kotak Mutual Fund increased its stake in Max Estates from 1.47% to 1.56% by purchasing 1,48,442 shares for approximately ₹7.89 Cr at ₹531.75 apiece.
A leading real estate developer in the Delhi-NCR region, MAX Estates operates as the property development arm of the Max Group. The company specializes in residential, commercial, and mixed-use projects across key markets in the National Capital Region. It distinguishes itself through its parent group's established reputation for quality construction, integrated township development, and sustainable urban planning practices in India's real estate sector.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.