Max Estates completes acquisition of Base Buildwell

Max Estates Limited announced the completion of its acquisition of Base Buildwell Private Limited (BBPL) on December 26, 2025. This follows an earlier intimation dated September 6, 2025, regarding the approval for the acquisition. As a result, BBPL is now a wholly-owned subsidiary of Max Estates.

The acquisition involved 100% of BBPL’s equity share capital and Compulsorily Convertible Debentures (CCDs). This includes 10,000 equity shares with a face value of ₹10 each, and 2,417,256 CCDs with a face value of ₹100 each. This represents 100% of BBPL's share capital on a fully diluted basis.

The company stated that all details required under the SEBI Master Circular had been provided in the earlier intimation. This strategic move is expected to integrate BBPL fully into Max Estates' operations.