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Max Financial Services LimitedOthers, 25-08-2025: Shareholders meeting

25-08-2025 | 03:41 pm

Max Financial Services (MFSL) held its AGM, passing FY25 standalone & consolidated results. Key highlights include subsidiary Axis Max Life (AMLI) receiving ₹1,612 Cr equity infusion from Axis Bank, bringing MFSL's stake to 80.98%. AMLI rebranded to 'Axis Max Life', reported ₹464.97 Cr consolidated revenue, and ₹4.03 Cr PAT. Gross written premium hit ₹332.23 Cr, AUM reached ₹1,750.72 Cr, with a 99.70% claims settlement. Board approvals sought for continued related party transactions, director re-appointments, and shifting the registered office. A SEBI Show Cause Notice concerning past share sales to Axis Bank was disclosed; company maintains compliance.

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