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Max Financial Services Limited — Important, 02-04-2026: Updates
02-04-2026 | 11:26 pm
02-04-2026 | 11:26 pm
Max Financial Services' subsidiary, Axis Max Life, had its Board approve raising up to Rs 389 Cr by issuing 2.50 Cr equity shares to Axis Bank at INR 151.90 each. This preferential issue boosts Axis Bank's stake to 17.23% and funds Axis Max Life's future growth initiatives.
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