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The promoters of Max Ventures & Industries, led by Chairman Analjit Singh, have acquired an additional 1.11 per cent stake in the company on Thursday from the open market at prevailing market prices. After acquiring 3.6 per cent stake between November 25 and November 29, the promoters have now increased their holding by 4.71 per cent in the company through creeping acquisition. Promoters’ shareholding in the company now stands at 45.11 per cent. On Friday, shares of Max Ventures gained 1.4 per cent at ₹56.55 on the BSE.
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