MAXVIL

Max Ventures and Industries Limited has informed the Exchange regarding Investment of INR 90 Crores in Max Estates Limited a wholly owned subsidiary of the Company.

Max Ventures and Industries Limited has informed the Exchange that the Board of Directors of Max Speciality Films Limited ("MSF"), which is a material subsidiary of Max Ventures and Industries Limited ("MaxVIL"), pursuant to a meeting of its Board of Directors held earlier in the day, has inducted Toppan Printing Co., Ltd., Japan ("Toppan'') as the joint venture partner in MSF in terms of the definitive agreement dated February 10, 2017. Max VIL now holds 51 % equity stake in MSF and the balance 49% is held by Toppan through purchase of equity shares from Max VIL and primary issuance by MSF to

Max Ventures and Industries Limited has informed the Exchange that Max I. Limited (a wholly owned subsidiary of Max Ventures and Industries Limited), has acquired 2,69,955 (Two Lacs Sixty Nine Thousand Nine Hundred Fifty Five) equity shares of Rs.10/- each of FSN E-Commerce Ventures Private Limited ("FSN") on December 08, 2016, which represents its 1.99% equity capital. FSN is engaged in the business of selling cosmetic products, personal and home accessories to consumers in India through e-commerce platform "Nykaa.com".

Max Ventures and Industries Limited has informed the Exchange that Mr. Jaideep Wadhwa, Chief Executive Officer of Max Speciality Films Limited, which is a subsidiary of the Company, vide an email dated November 15, 2016 has submitted his resignation from the services of the Company, to pursue other career interests. The Board of Directors of MSF has put in place an interim governance structure, inter-alia, by constituting a management Committee consisting senior executive of MSF and the Company , for smooth transition and day-to-day affairs of MSF to achieve its business objective. Max Venture

Max Ventures and Industries Limited has informed the Exchange that the Board of Directors, in its meeting held on August 09, 2016 has approved and adopted, inter-alia, following policies in compliance with requirements of the Listing Regulations:(1). Policy for determination of material su bsidiaries(2). Policy for disclosure of material events and information(3). Policy on preservation of documents and archival(4). Whistle Blower Policy (Vigil Mechanism)(5). Policy on Related Party Transactions(6). Remuneration Policy(7). I nsider Trading Policy (containing both Code of Conduct to Regulate, M

Max Ventures and Industries Limited has informed the Exchange the Disclosures under Listing Regulation