Max Financial Services Limited — Others, 15-04-2025: Appointment

Max Financial Services Limited has announced a board meeting to approve key changes in its leadership. Effective April 30, 2025, Mr. Amrit Pal Singh will step down as Chief Financial Officer (CFO), completing his three-year term. The board has appointed Mr. Nishant Kumar Gehlawat as the new CFO, effective May 1, 2025. Additionally, Ms. Neelu Analjit Singh has requested to be reclassified from the 'Promoter' group to 'Public,' which will be subject to stock exchange approval. This move suggests an intent to streamline governance and may positively influence investor sentiment due to the leadership continuity with Mr. Gehlawat's extensive experience in finance and corporate strategy.