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Annual General Meeting

Max Financial Services Annual General Meeting

Max Financial Services Limited has issued a postal ballot notice seeking shareholder approval to raise up to ₹1,600 Crore through equity issuance. Additionally, the company proposes a ₹389 Crore preferential allotment in its subsidiary, Axis Max Life Insurance, to Axis Bank. Other resolutions include increasing authorized share capital to ₹75 Crore.

Key figures
Value₹1,989 Cr
Source

BSE filing, NSE: MFSL. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Max Financial Services Ltd: key numbers

Share price
₹1,224.60
Market cap
₹42,263 Cr
Revenue (annual)
₹47,674 Cr
Net profit (annual)
₹83.99 Cr
P/E (TTM)
227.6×Sector 19.7×
Promoter holding
1.25%+0.00% QoQ
FII holding
48.61%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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