Max Financial Services Limited — Board Meeting, 15-04-2025: Outcome of Board Meeting

The Board of Directors of Max Financial Services Limited has approved the cessation of Mr. Amrit Pal Singh as Chief Financial Officer, effective April 30, 2025. Mr. Nishant Kumar Gehlawat has been appointed as the new CFO, effective May 1, 2025. Additionally, the board considered a request from Ms. Neelu Analjit Singh for reclassification from 'Promoter' to 'Public' category, which is subject to stock exchange approval. This decision follows a recent settlement agreement affecting her relationship with Mr. Analjit Singh, ensuring no change in control over the company.