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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 board meetings

150 filed, newest first. Page 3 of 3.

  1. May 2013

    • 20 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, 2013. The said meeting shall also take on record the financial results of the Company for the quarter ended March 31, 2013. The Board may also consider and recommend to the shareholders a final dividend for the financial year 2012-13.
  2. Jan 2013

    • 28 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, 2012.
  3. Oct 2012

    • 26 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, 2012. Further the Board may also consider declaring a special dividend to the shareholders of the Company at the aforesaid meeting.
  4. Sep 2012

  5. Jul 2012

    • 31 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, 2012.
  6. Jun 2012

  7. May 2012

    • 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, 2012. Further, at the said meeting the Board shall also take on record the financial results of the company for the quarter ended March 31, 2012.
  8. Apr 2012

  9. Feb 2012

    • 15 Feb · Board meeting

      Board of Directors of the Company at its meeting held on February 14, 2012, inter alia, has appointed Mr. Mohit Talwar as the Deputy Managing Director of the Company for a period of five years effective February 14, 2012.
    • 1 Feb · 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, 2011.
  10. Nov 2011

    • 4 Nov · 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, 2011.
  11. 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. 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.
  13. Jun 2011

    • 8 Jun · Board meeting

      Board of Directors of the Company at its meeting held on June 08, 2011, has considered and approved the appointment of Mr. Rahul Khosla as the Managing Director of the Company effective August 18, 2011. Further, the Board decided that Mr. Analjit Singh who is currently the Chairman & Managing Director would assume the role of Executive Chairman of the Company effective August 18, 2011.
    • 7 Jun · Board meeting

      To consider the appointment of Mr. Rahul Khosia as the Managing Director of the Company.
  14. May 2011

    • 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.
  15. 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.
  16. Oct 2010

    • 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.
  17. Jul 2010

    • 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.
  18. 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.
  19. Jan 2010

    • 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.
  20. Dec 2009

    • 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.
    • 23 Dec · Board meeting

      For consideration of issue of securities of the Company on preferential allotment basis.
    • 22 Dec · Board meeting

      Board of Directors of the Company in its meeting held on December 22, 2009, considered various funding options, by way of preferential issue of securities of the Company. The Board of Directors, after due deliberations, advised the management to table an updated proposal for its consideration, at a meeting proposed to be held on January 13, 2010. The Board appointed Mr.K.Narasimha Murthy and Dr. Omkar Goswami as Additional Directors of the Company effective December 22, 2009.
    • 18 Dec · Board meeting

      To consider the proposal for preferential issue of securities of the Company.
  21. Oct 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, 2009.
  22. Jul 2009

    • 17 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, 2009.
    • 1 Jul · Board meeting

      Board of Directors of the Company in its meeting held on July 01, 2009 approved the issuance of equity shares or any such instruments/securities to Qualified Institutional Buyers (QIBs) under Chapter XIII-A of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000, in one or more tranches, for an aggregate amount of up to Rs.450,00,00,000/- (Rupees Four hundred and fifty Crores only), subject to the approval of shareholders. The Board has decided to convene an Extraordinary General meeting of the Shareholders of the Company on July 28, 2009 seeking their approval for the aforesaid purpose. Further, the Board has rescinded its earlier decision taken on February 03, 2009 for issuance of equity shares up to an amount of Rs. 650 Crores, on Rights basis with detachable warrants.
  23. Jun 2009

    • 30 Jun · Board meeting

      To consider the proposal to issue equity shares or any such instruments / securities to Qualified Institutional Buyers under the Securities & Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.
    • 15 Jun · 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, 2009. The said meeting shall also take on record the financial results of the Company for the quarter ended March 31, 2009.
  24. May 2009

    • 13 May · Board meeting

      For Consideration of a proposal for issue of equity shares of the Company, to International Finance Corporation, USA., for an amount not exceeding Rs.150 crores, on preferential allotment basis.
  25. Jan 2009

    • 30 Jan · Board meeting

      To, inter-alia consider fund raising proposal for the Company, including issuance of securities on Right basis, to its shareholders.
    • 12 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, 2008.
  26. Dec 2008

    • 15 Dec · Board meeting

      Vide its letter dated December 12, 2008 that the Board of Directors of the Company in its meeting held today, discussed various fund raising options and decided to review the matter at a subsequent meeting. Further, the Board appointed Mr. Aman Mehta as an Additional Director effective today.
    • 10 Dec · Board meeting

      To, inter-alia, consider various fund raising proposals of the Company, including issuance of equity shares on Rights basis, to its shareholders.
  27. Oct 2008

    • 3 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, 2008.
  28. Jul 2008

    • 11 Jul · Board meeting

      Vide its letter dated July 11, 2008, that: "The Board of Directors of the Company in its meeting held earlier in the day, approved the joint venture arrangement with BUPA Finance Plc., UK for setting up a health insurance company (JV), in India, with 50% equity participation by Max India Limited. The initial share capital of the JV will be Rs.100 crores. Bupa group will have a 26% shareholding in the JV while the balance 24% will be held by Mr. Analjit Singh and his family through certain intermediate companies".
    • 10 Jul · Board meeting

      To consider and approve the joint venture arrangement with BUPA Finance Plc., UK for setting up a health insurance company with 50% equity participation by Max India Limited.
    • 3 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, 2008.
  29. May 2008

    • 8 May · Board meeting

      To consider and approve the Audited Annual Accounts of the Company for the year ended March 31, 2008. The said meeting shall also take on record the financial results for the quarter ended March 31, 2008.
  30. Jan 2008

    • 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, 2007.
  31. Oct 2007

    • 16 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, 2007.
  32. Jul 2007

    • 20 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, 2007.
  33. Jun 2007

    • 15 Jun · Board meeting

      For allotment of equity shares to Qualified Institutional Buyers under Chapter XIII-A of the Securities & Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.
  34. May 2007

    • 18 May · Board meeting

      Board of Directors at its meeting held on May 17, 2007 has decided to deploy the internal accruals in its growing businesses of Life Insurance and Healthcare and hence did not recommend any dividend.
    • 3 May · Board meeting

      To consider and approve the Audited Annual Accounts of the Company for the year ended March 31, 2007. The said meeting shall also take on record the financial results for the quarter ended March 31, 2007.
  35. Feb 2007

    • 22 Feb · Board meeting

      February 22, 2007 that: "The Board of Directors in its meeting held earlier in the day has approved the following: (i) issue of equity shares or any such instruments/securities to Qualified Institutional Buyers under Chapter XIII-A of the Securities & Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000, in one or more tranches, for an aggregate amount of up to Rs. 1,000,00,00,000/- (Rupees One thousand Crore only), subject to approval of shareholders; (ii) allow Foreign Institutional Investors (FIIs) to hold shares/securities of the Company up to 49% of its total paid-up capital, subject to approval of the shareholders; and (iii) convene an Extra-ordinary General Meeting of the Shareholders of the Company on Friday, March 23, 2007 seeking their approval for the aforesaid purposes".
    • 21 Feb · Board meeting

      To consider and approve the proposal to issue equity shares or any such instruments/securities to Qualified Institutional Buyers under Chapter XIII-A of the Securities & Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.
  36. Jan 2007

    • 11 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, 2006.