Max India (MIL) has announced the successful closure of its Rights Issue, raising Rs 124.23 crore through the issuance of 82,81,973 fully paid-up equity shares at Rs 150 per share. The offering was oversubscribed, signalling strong investor support for the company's strategic direction, leadership, and long-term vision to build an integrated platform offering lifecare and lifestyle products and services designed to enhance the quality of life for seniors.