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Max Financial Services share news and announcements

NSE: MFSLBSE: 500271InsuranceMid Cap

Formerly Max India
Last close ₹1,211.30down ₹12.00 (0.98%)BSE ₹1,213.70

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,223.30.

52-week range of traded prices to 23 Oct 2026
₹1,197.30Low, 23 Oct 2026₹1,892.50High, 23 Feb 2026
Market cap
₹41,804 Cr180th largest listed
P/E
Earlier quarters restated in the year
P/B
7.9
Dividend yield
Nonein the last 12 months
ROCE
3.1%
Debt to equity
0.29
Volume, NSE
4,06,50255.6% delivered

Max Financial Services share news and announcements

1,185 announcements, routine notices left out, newest first. Page 22 of 24.

  1. Sep 2011

  2. Aug 2011

    • 12 Aug · Board meeting

      Board of Directors of the Company at its meeting held on August 12, 2011 considered and recommended to the shareholders for their approval through postal ballot process, the shifting of Registered Office of the Company from the State of Punjab to Delhi, for administrative convenience and economy of operations for the Group.
    • 12 Aug · Results

      Standalone Results for the quarter ended on 30-JUN-2011 as follows: Net Sales of Rs. 17686 lacs for quarter ending on 30-JUN-2011 against Rs. 8882 lacs for the quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. (175) lacs for the quarter ending on 30-JUN-2011 against Rs. (283) lacs for the quarter ending on 30-JUN-2010.
    • 4 Aug · Business

      Dynavest India Private Limited, one of the promoter group companies of Max India Limited (Dynavest) had remitted in all, a sum of Rs. 1734 million being the full consideration for subscription to 2,000,000 Warrants of Rs. 867/- each. Each Warrant entitles Dynavest to subscribe to four equity shares of Rs. 2/- each at a premium of Rs. 214.75 per equity share. In this regard, the Board of Directors of the Company on August 04, 2011 allotted 8,000,000 (Eight million) equity shares of Rs. 2/- each at a premium of Rs. 214.75/- per equity share to Dynavest on conversion of 2,000,000 Warrants of Rs. 867/- each. With the aforesaid allotment, the paid up share capital of the Company stood increased to Rs. 52,91,28,220/-, effective August 04, 2011 and the promoters holding stood increased to 37.03% on the enhanced capital.
  3. Jul 2011

    • 27 Jul · Board meeting

      To take on record the un-audited financial results of the Company together with Limited Review by the Auditors for the quarter ended June 30, 2011.
  4. Jun 2011

  5. May 2011

    • 26 May · Results

      Standalone Results for the year ended on 31-MAR-2011 as follows: Net Sales of Rs. 41701 lacs for year ending on 31-MAR-2011 against Rs. 33032 lacs for the year ending on 31-MAR-2010. Net Profit / (Loss) of Rs. (4210) lacs for the year ending on 31-MAR-2011 against Rs. (59) lacs for the year ending on 31-MAR-2010.
    • 26 May · Results

      Consolidated Results for the year ended on 31-MAR-2011 as follows: Net Sales of Rs. 666832 lacs for year ending on 31-MAR-2011 against Rs. 557140 lacs for the year ending on 31-MAR-2010. Net Profit / (Loss) of Rs. 868 lacs for the year ending on 31-MAR-2011 against Rs. (7159) lacs for the year ending on 31-MAR-2010.
    • 6 May · Board meeting

      To consider and approve the audited annual accounts of the Company and consolidated annual financial results of the Company and its subsidiaries for the year ended March 31, 2011. Further, the said meeting shall also take on record the financial results of the Company for the quarter ended March 31, 2011.
  6. Mar 2011

    • 2 Mar · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2010. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  7. Feb 2011

  8. Jan 2011

    • 27 Jan · Board meeting

      To take on record the un-audited financial results of the Company together with Limited Review by the Auditors for the quarter ended December 31, 2010.
  9. Dec 2010

    • 16 Dec · Meeting

      Company proposes to obtain approval of the Shareholders by way of Postal Ballot for the following : (1) Special resolution under Section 372A of the Companies Act, 1956 for making investment upto an amount of Rs. 750 crores in Max Healthcare Institute Limited, a subsidiary of the Company; and (2) Special resolution for amendment to Article of Association of the Company to incorporate the rights conferred on Xenok Limited, a wholly owned indirect Subsidiary of GS Capital Partners VI Fund, L.P., controlled by the Goldman Sachs Group, Inc. ('Investor') with respect to their investment in Compulsorily Convertible Debentures of the Company. The results of the Postal Ballot will be declared at an Extraordinary General Meeting of the Company scheduled to be held on February 18, 2011.
  10. Oct 2010

    • 27 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2010 as follows: Net Sales of Rs. 9412 lacs for quarter ending on 30-SEP-2010 against Rs. 8300 lacs for the quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. (1895) lacs for the quarter ending on 30-SEP-2010 against Rs. 197 lacs for the quarter ending on 30-SEP-2009.
    • 12 Oct · Board meeting

      To take on record the un-audited financial results of the Company together with Limited Review by the Auditors for the quarter / half year ended September 30, 2010.
  11. Sep 2010

  12. Aug 2010

  13. Jul 2010

    • 30 Jul · Management

      Board of Directors took note of resignation of Mr. N. Rangachary from the Board of Directors of the Company effective July 26, 2010. The Board of Directors appointed Mr. Sanjeev Mehra as a Director of the Company effective July 30, 2010.
    • 30 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2010 as follows: Net Sales of Rs. 8882 lacs for quarter ending on 30-JUN-2010 against Rs. 7779 lacs for the quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. (283) lacs for the quarter ending on 30-JUN-2010 against Rs. 21 lacs for the quarter ending on 30-JUN-2009.
    • 15 Jul · Board meeting

      To take on record the un-audited financial results of the company together with Limited Review by the Auditors for the quarter ended June 30, 2010.
  14. Jun 2010

    • 3 Jun · Business

      Remuneration Committee of the Company approved grant of 5000 Stock Options each to Mr. K. Narasimha Murthy and Dr. Omkar Goswami, Non Executive Directors of the Company effective June 1, 2010 under the Max Employee Stock Plan - 2003. The said options entitle them one equity share of Rs. 2/- each at par for every one Option and the said options will be vested on completion of one year from the date of grant, i.e., on June 1, 2011.
  15. May 2010

    • 7 May · Board meeting

      To consider and approve the Audited Annual Accounts of the Company and consolidated annual financial results of the Company and its subsidiaries for the year ended March 31, 2010. Further the said meeting shall also take on record the financial results of the Company for the quarter ended March 31, 2010.
  16. Apr 2010

    • 7 Apr · Results

      The Company proposes to publish the audited financial results for the year / last quarter ended March 31, 2010 on or before June 30, 2010. Hence, it will not publish the unaudited results for the quarter ended March 31, 2010, as provided in Clause 41 of the Listing Agreement.
  17. Mar 2010

    • 30 Mar · Business

      Vide its letter dated March 30, 2010 that "The Board of Directors of the Company in its meeting held today approved, in-principle, the proposal of Max New York Life Insurance Company Limited ('MNYL'), a 74:26 joint venture between the Company and New York Life International, LLC ('NYLI') to issue equity shares of approx. 4% of MNYL to Axis Bank, the terms of which are currently under finalization. Last week, the Board of Directors of MNYL approved the proposal for a proposed corporate agency tie-up between MNYL and Axis Bank for a term of ten years whereby Axis Bank would be distributing life Insurance products of MNYL pan India effective May 01, 2010. The aforesaid proposals for the corporate agency tie-up and issuance of shares of MNYL are subject to all regulatory approvals".
    • 11 Mar · Allotment

      Board of Directors of the Company in its meeting held on March 11, 2010 approved allotment of 6,019,925 (Six million Nineteen thousand Nine hundred and Twenty five) 12% Compulsorily Convertible Debentures of Rs. 867/- each ("CCDs") of the Company to Goldman Sachs Capital Partners through its wholly owned subsidiary Xenok Limited, for an aggregate consideration of Rs. 5,219,274,975/- (approx. US $ 115 million). Subject to any applicable adjustments, each CCD will be compulsorily converted into four equity shares of Rs.2/- each at a premium of Rs.214.75 per equity share on or before 15 (fifteen) months from the date of allotment.
  18. Feb 2010

    • 26 Feb · Allotment of Equity Shares

      The Allotment Committee of Directors of the Company approved allotment of 18,112 equity shares of Rs.2/- each of the Company for cash at par arising from the exercise of Stock Options in the ratio of one equity share for every Option, to the following employees on February 26, 2010: (1) Mr C. V. Raghu - 12,052. (2) Mr Mohit Talwar - 6060. Total: 18,112
    • 8 Feb · Allotment of Warrants

      "In terms of the approval accorded by the shareholders in the extra-ordinary general meeting of the Company held on January 22, 2010 and pursuant to the approvals received from stock exchanges where the company's shares are listed, Dynavest India Private Limited, one of the promoter group companies has remitted a sum of Rs. 86.70 crores, being 50% of the face value of warrants for subscription to 2,000,000 (Two million) Warrants of a face value of Rs. 867/- each of the Company. Each warrant entitles the holder thereof to subscribe to four equity share of Rs.2/- each of the Company at a premium of Rs. 214.75 per equity share .The Board of Directors of the Company has approved the allotment of aforesaid 2,000,000 (Two million) Warrants of a face value of Rs. 867/-each of the Company to Dynavest India Private Limited on February 6, 2010.
  19. Jan 2010

    • 29 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 8063 lacs for quarter ending on 31-DEC-2009 against Rs. 7822 lacs for the quarter ending on 31-DEC-2008. Net Profit / (Loss) of Rs. (40) lacs for the quarter ending on 31-DEC-2009 against Rs. 326 lacs for the quarter ending on 31-DEC-2008.
    • 22 Jan · Meeting

      Proceedings of Extraordinary General Meeting of the Company held on January 22, 2010. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 15 Jan · Board meeting

      To take on record the Un-audited Financial Results of the Company together with Limited Review by the Auditors for the quarter ended December 31, 2009.
    • 14 Jan · Corrigendum

      Corrigendum released for publication in newspapers with respect to notice sent to the shareholders of the Company for holding an Extraordinary General Meeting of the Company on January 22, 2010 to consider interalia issuance of 2,000,000 warrants of the face value of Rs.867/- each to the promoter group of Max India Limited, on preferential allotment basis. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  20. Dec 2009

    • 31 Dec · Grant of Stock Options

      Remuneration Committee of the Company approved grant of 12,00,000 (Twelve Lac) Stock Options to Mr. Anuroop Singh, Vice Chairman of the Company effective January 01, 2010 under the Max Employee Stock Plan - 2003. The said Options entitle Mr. Anuroop Singh one equity share of Rs.2/- each at par for every one Option exercised. The said Options will be vested with Mr. Anuroop Singh in a graded manner as detailed below: (a) 4,00,000 options to be vested on January 1, 2011; (b) 4,00,000 options to be vested on January 1, 2012; (c) 4,00,000 options to be vested on January 1, 2013.
    • 30 Dec · Meeting

      Notice convening an Extraordinary General Meeting of the members of the Company scheduled to be held on January 22, 2010. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 28 Dec · Board meeting

      Outcome of Board Meeting held on December 26, 2009. Further the Board of Directors decided to convene an Extra Ordinary General Meeting of the Company on January 22, 2010. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.