Max Financial Services Ltd - 500271 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Max Financial Services Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here Q4FY22 Quarterly Result Announced for Max Financial Services Ltd.
Life Insurance firm Max Financial Services declares Q4FY22 result: Max Financial Services Q4 Profit After Tax rises 106% to Rs 144 Crore. Max Life records the highest ever New Business Margin (Nbm) of 27.4%. Value of new business surges 22% in FY22. Value of New Business at Rs 1,528 Cr, up 22%; up 31% on 2-year CAGR Embedded Value at Rs 14,174 Cr; Operating RoEV at 20.1%. Total Assets Under Management (AUM): Rs 1,07,510 Cr, up 19% Total New Business Premium: Rs 7,905 Cr, up 16% Max Financial Services Limited (MFSL) reported consolidated revenues of Rs 8,962 crore, 8% lower than previous year, due to lower investment income. Excluding investment income, the consolidated revenues grew 12%. The consolidated Profit after Tax stood at Rs 144 crore, up a staggering 106% from Rs 70 crore in the year-ago period. During FY22, the Company reported consolidated revenues of Rs. 31,188 crore which was marginally lower than the previous year due to lower investment income. Excluding investment income, the consolidated revenues grew 17%. Mr. Mohit Talwar, Managing Director, Max Financial Services, said, “Our strong Q4 numbers are a result of our consistent efforts in driving profitable growth across our channels by optimizing for product mix.” Result PDF Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Resignation of Director
Pursuant to the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, ('SEBI Listing Regulation') we hereby notify that Ms. Naina Lal Kidwai, an Independent Director of the Company has vide her letter dated May 10, 2022 resigned from the position of Independent Director of the Company with effect from close of business hours of May 31, 2022. In compliance with the requirement of Sub-Clause 7B of Part-A of Schedule - III of SEBI Listing Regulations were hereby submit the following: (i) Ms. Naina Lal Kidwai has confirmed that there is no other reason for her resignation other than as provided in her letter. The Resignation letter of Ms. Naina Lal Kidwai is enclosed as Annexure - I. (ii) Details of listed entities in which Ms. Naina Lal Kidwai holds directorships and committee memberships is enclosed as Annexure - II. You are requested to take the aforesaid on record. Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release attached Max Financial Services Ltd - 500271 - Disclosure Under SEBI (LODR) Regulations, 2015 - Outcome Of Board Meeting On Approval Of Financial Results
Please refer to our letter dated May 3, 2022 on the above subject. In this regard, we would like to inform you that the Board of Directors of the Company at its meeting held today approved the following: (i) Audited financial results of the Company (standalone) for the quarter/year ended March 31, 2022; (ii) Audited financial results of the Company for the financial year ended March 31, 2022 together with audited consolidated financial results of the Company and its subsidiary for the said period; and (iii) Auditors' Reports on aforesaid financial results. The aforesaid financial results and Auditors' Reports are attached herewith. We hereby confirm and declare that the Statutory Auditors of the Company have issued the aforesaid Audit Reports on the financial results with unmodified opinion. The Board meeting commenced at 1715 hrs and concluded at 1750 hrs today. You are requested to take the aforesaid on record. Max Financial Services Ltd - 500271 - Board Meeting Outcome for Disclosure Under SEBI (LODR) Regulations, 2015 - Outcome Of Board Meeting On Approval Of Financial Results
Please refer to our letter dated May 3, 2022 on the above subject. In this regard, we would like to inform you that the Board of Directors of the Company at its meeting held today approved the following: (i) Audited financial results of the Company (standalone) for the quarter/year ended March 31, 2022; (ii) Audited financial results of the Company for the financial year ended March 31, 2022 together with audited consolidated financial results of the Company and its subsidiary for the said period; and (iii) Auditors' Reports on aforesaid financial results. The aforesaid financial results and Auditors' Reports are attached herewith. We hereby confirm and declare that the Statutory Auditors of the Company have issued the aforesaid Audit Reports on the financial results with unmodified opinion. The Board meeting commenced at 1715 hrs and concluded at 1750 hrs today. You are requested to take the aforesaid on record. Max Financial Services Ltd - 500271 - Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011.
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on May 10, 2022 for Max Ventures Investment Holdings Pvt Ltd 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 May 10, 2022 for Max Ventures Investment Holdings Pvt Ltd