Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Max Financial Services Limited dispatched the notice for a postal ballot to shareholders. Remote e-voting for the resolutions will be conducted from April 11 to May 10, 2026, with results declared by May 12, 2026.
Apr 11 2026 10:04:00
Max Financial Services Limited
Max Financial Services announced a postal ballot for key resolutions, including an increase in authorized share capital and approval for fundraising through equity shares. The ballot also seeks approval for a material related party transaction of ₹389 crore with Axis Bank for equity shares in Axis Max Life Insurance Limited.
Apr 10 2026 14:04:00
Max Financial Services Limited
Max Financial Services seeks shareholder approval for three key resolutions via postal ballot. These include increasing authorized share capital, a QIP to raise up to ₹1,600 crore for its subsidiary Axis Max Life Insurance, and a ₹389 crore preferential allotment from Axis Bank in AMLI, increasing Axis Bank's stake to 19.99%.
Apr 10 2026 14:04:00
Max Financial Services Limited
Max Financial Services' board approved a ₹389 Cr share capital infusion by Axis Bank into Axis Max Life Insurance to meet funding requirements. The proposed fund raise size was reduced from ₹2,000 Cr to ₹1,600 Cr. Additionally, the registered office is shifting to Gurugram, Haryana, effective April 13, 2026.
Apr 09 2026 13:04:00
Max Financial Services Ltd - 500271 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations')
Max Financial Services Board approved reduction in Max Life Insurance's share capital infusion from Axis Bank to ₹1,600 crores. Also noted shifting of registered office from Punjab to Haryana, effective April 13, 2026.
Apr 09 2026 13:04:00
Max Financial Services Limited
Axis Max Life Insurance, a material subsidiary of Max Financial Services, appointed Mr. Sanjay Vij as an Additional Director (Independent Category) for a five-year term. His appointment is effective from April 6, 2026, succeeding Mr. Rajesh Khanna.
Apr 03 2026 17:04:00
Max Financial Services Limited
Max Financial Services approved the preferential issue of Axis Max Life Insurance equity shares to Axis Bank for a ₹389 crore investment. This funding aims to support Axis Max Life's future growth initiatives.
Apr 02 2026 23:04:00
Max Financial Services Ltd - 500271 - Disclosure Under The Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI LODR') - Approval For Issuance Of Equity Shares On Preferential Basis By Axis Max Life Insurance Limited To Axis Bank Limited
Max Financial Services approved a preferential issue of 2.5 crore equity shares of Axis Max Life to Axis Bank for ₹389 crore. This infusion will fund future growth initiatives and result in Axis Bank and its group entities collectively holding 19.99% of Axis Max Life's equity capital, with MFSL holding ~80.01%.
Apr 02 2026 23:04:00
Max Financial Services Limited
Max Financial Services issued a public notice regarding the loss of 2,000 equity shares belonging to deceased shareholder Ram Kumar Pathak. The notice cautions the public against dealing with the original certificates and asks claimants to come forward within 15 days.
Apr 02 2026 11:04:00
Max Financial Services Limited
Max Financial Services announces Independent Director Mr. K. Narasimha Murthy's retirement, effective March 29, 2026. Shareholders did not approve his re-appointment for a second term, with 66.77% votes falling short of the 75% required majority.
Mar 29 2026 17:03:00
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