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Max Ventures and Industries

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Max Ventures and Industries Limited
Company typePublic
IndustryReal estate, packaging films
Founded2015
FounderAnaljit Singh
HeadquartersMax House, New Delhi, India
Area served
India
Key people
Sahil Vachani (managing director)[1]
Products
OwnerMax Group
Subsidiaries
  • Max Estates
  • Max Speciality Films
  • Max Learning
Websitewww.maxvil.com

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

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Max Estates

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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

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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]

References

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