Max Ventures and Industries

Last updated

Max Ventures and Industries Limited
Type Public
Industry Real estate, packaging films
Founded2015
Founder Analjit Singh
HeadquartersMax House, New Delhi, India
Area served
India
Key people
Sahil Vachani (managing director) [1]
Products
Owner Max Group
Subsidiaries
  • Max Estates
  • Max Speciality Films
  • Max Learning
Website www.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]

Contents

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]

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References

  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" via 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. "Max Specialty Firms inducts Toppan printing as joint venture partner" via 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.