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Max Ventures gains after subsidiary commercializes metallizer line

Max Ventures and Industries rose 3.99% to Rs 56 after the company said its subsidiary Max Speciality Films has commercialized its new advanced metallizer line.
Max Speciality Films (MSFL) manufactures specialty packaging films. In December 2020, MSFL had said that it would be installing two additional metallizer lines.
MSFL has commenced first of the two metallizer lines today (20 April 2021), Max Ventures said in a statement.
These two additional metallizer lines were planned as a part of MSFL s strategy to continue to embark on its specialty journey. Planned with a total capex of Rs 60 crore for two lines (Rs 30 crore for each), these metallizer lines will enable MSFL to enhance its value-added specialty product portfolio. ....

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Max Asset Services enters into managed office space segment

Max Asset Services enters into managed office space segment
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Flexible workspaces as a segment has grown rapidly to now form 10% of the new office leasing in India, as per a recent Cushman & Wakefield report.
The company has started ‘WorkWell Suites’ at the newly developed office complex Max House, Okhla.
Max Asset Services (MAS), a subsidiary of Max Group’s listed entity Max Ventures & Industries Ltd. (MaxVIL), has entered into the managed office space business with plan to operate 2 lakh sq ft in the Delhi NCR over the next 3 years.
The company has started ‘WorkWell Suites’ at the newly developed office complex Max House, Okhla. ....

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Max Asset Services launches Workwell Suites at Max House, Okhla

Max Asset Services (MAS), a subsidiary of Max Group s listed entity Max Ventures & Industries, announced its entry into the Managed Office Spaces business with the
launch of WorkWell Suites at the newly developed office complex Max House, Okhla.
The company plans to operationalize nearly 2 lakh sq. ft. of managed office space in the Delhi
NCR over the next 3 years. Max Asset Services has planned a low capex model for building this
capacity. Managed Office Spaces is gaining due to the increasing acceptance in companies, of
flexible office spaces as a rental option. Flexible workspaces as a segment has grown rapidly to ....

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Max Groups' MaxVIL launches Managed Office Space business 'WorkWell Suites', targets 2 lac sq. ft.

Max Groups' MaxVIL launches Managed Office Space business 'WorkWell Suites', targets 2 lac sq. ft.
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Developers operating office spaces, hotels working on better air filtration to reassure employees & guests

Developers operating office spaces, hotels working on better air filtration to reassure employees & guests
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Leading office space operators Max Estates, Bharti Realty, Kalpataru, DLF and hotel chains like ITC and IHCL feel that issues like pure air have become important due Covid-19.
Chains such as ITC Hotels and Indian Hotels Company said the air filtration systems and processes put in place because of issues such as pollution in Delhi had assumed greater importance with the Covid-19 pandemic, as guests could be assured of cleaner and safer air.
New Delhi: Following growing evidence and research about the high likelihood of airborne transmission of the coronavirus, realty developers that operate Grade-A office spaces are working on better air filtration systems in a bid to provide greater assurance to employees as the Covid-19 pandemic rages on. ....

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