Max Financial Services Debt & Borrowing: ₹686 Cr
Max Financial Services Ltd disclosed that its subsidiary, Axis Max Life Insurance, allotted non-convertible debentures worth Rs. 686.00 Crore on a private placement basis.
- Value
- ₹686.0 Cr
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Max Financial Services Ltd disclosed that its subsidiary, Axis Max Life Insurance, allotted non-convertible debentures worth Rs. 686.00 Crore on a private placement basis.
Max Financial Services informed exchanges about its subsidiary, Axis Max Life, completing the interest and redemption payment for its non-convertible debentures.
Max Financial Services disclosed its subsidiary Axis Max Life will redeem debentures worth ₹496 crore via call option on 31 July 2026. Settlement will occur on the preceding business day.
Max Financial Services Limited confirmed it is not classified as a 'Large Corporate' under SEBI's debt security framework as of March 31, 2026. The company reported zero outstanding borrowings, meaning it does not meet the specified criteria for mandatory fund raising through debt markets.