Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
As per details attached25-01-2023
25-01-2023
Max Financial Services Ltd - 500271 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on January 19, 2023 for Max Ventures Investment Holdings Pvt Ltd19-01-2023
Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Retirement
This is further to our earlier letter(s) dated November 10, 2021 and December 24, 2021, informing Stock Exchanges about the re-appointment of Mr. Mohit Talwar (DIN: 02394694) as the Managing Director of the Company for a further period of one year from January 15, 2022 to January 14, 2023 by way of special resolution. In this regard, we would like to inform you that after completing an illustrious career spanning over 15 years with Max Group, Mr. Mohit Talwar retires as the Managing Director of Max Financial Services Limited ('the Company'), on the close of business hours on January 14, 2023. Simultaneously, he will cease to be a director on the Board of the Company.13-01-2023
Buy Max Financial Services; target of Rs 1020: Sharekhan
Sharekhan is bullish on Max Financial Services has recommended buy rating on the stock with a target price of Rs 1020 in its research report dated January 11, 2022.12-01-2023
Max Financial Services Ltd - 500271 - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
This refers to various disclosures made earlier by the Company with respect to sale of upto 20% of the equity share capital of Max Life Insurance Company Limited ('Max Life'), a material subsidiary of the Company, to Axis Bank and/or its subsidiaries. Of the above, Axis Bank and its subsidiaries had collectively acquired 12.99% of the equity share capital of Max Life as of April 6, 2021 and that the consideration paid by Axis Bank and its subsidiaries have been determined basis the valuation of Max Life conducted as per Rule 11UA read with Rule 11UAA of the Income-tax Rules, 1962. In this regard, we would like to inform you that the parties had entered into revised agreements yesterday, i.e. January 9, 2023, in terms of which Axis Bank and/or its subsidiaries have the right to purchase the balance 7% equity stake of Max Life from the Company at Fair Market Value using Discounted Cash Flows instead of valuation as per Rule 11UA of the Income Tax Rules, 1962.10-01-2023
Max Financial Services Ltd - 500271 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
As per the Disclosure attached05-01-2023
Max Financial Services Ltd - 500271 - Closure of Trading Window
Pursuant to the Company''s Policy on Prevention of Insider Trading read with the SEBI (Prohibition of Insider Trading) Regulations, 2015, regarding the trading restriction period, we would like to inform that the trading window for dealing in shares of the Company shall remain closed for all designated persons including promoters, directors, key managerial personnel, designated employees and other connected persons of the Company from Sunday January 1, 2023, till completion of 48 hours from the announcement to the Stock Exchanges of the unaudited financial results of the Company for the quarter ending December 31, 2022, i.e., until Thursday, February 2, 2023. You are requested to kindly take the same on record.30-12-2022
Max Financial Services Ltd - 500271 - Board Meeting Intimation for Disclosure Under Listing Regulations- Board Meeting For Consideration Of Unaudited Financial Results Of The Company For The Quarter Ending December 31, 2022
Max Financial Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/01/2023 ,inter alia, to consider and approve In terms of Regulation 29 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, January 31, 2023, inter alia, to consider and approve the unaudited financial results of the Company (both standalone and consolidated) for the quarter ending December 31, 2022. You are requested to kindly take the same on record.30-12-2022
Max Financial Services Ltd - 500271 - Clarification On Increase In Volume
As per reply attached22-12-2022
Max Financial Services promoter offloads 1.7% stake for 400 cr
According to the bulk deal data available with the National Stock Exchange (NSE), Max Ventures Investment Holdings sold 58,85,000 shares (1.7 per cent) of Max Financial Services.21-12-2022