Max India Ltd has announced that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 26, 2007, inter alia, have unanimously approved the Sub-division of each of the 92,000,000 equity shares having a nominal face value of Rs 10/- in the present Authorised Capital of the Company into 460,000,000 equity shares of the nominal face value of Rs 2/- each & consequential amendment in the Memorandum & Articles of association of the Company.