Search result for 'max financial services'

Eight entities, including ICICI Prudential MF, Morgan Stanley and Societe Generale, bought a 1.6% stake in Max Financial Services for Rs 611.60 crore through open market transactions.

Max Financial Services reported a 59% decline in net profit to Rs 70 crore in Q3 FY2025, with policyholders' income from life insurance operations also falling.

Swiss investment bank UBS Group acquired shares in 29 companies including Fortis Healthcare, Max Financial Services, Reliance Industries, Blue Star and Hyundai Motor India for a total of Rs 1,938...

Sebi has issued a show cause notice to Axis Bank and its subsidiaries regarding their stake acquisition in Max Life Insurance. The notice is being reviewed, and responses will be filed with Sebi.

Max Ventures Investment Holdings, a promoter of Max Financial Services, sold 3.18% stake in the company for Rs 1,218 crore through an open market transaction. The shares were disposed of at an...

Axis Bank has increased its holding in Max Life Insurance to 19.99% for Rs 336 crore, subject to regulatory approvals. The bank acquired the stake as part of a 2021 deal and a revised agreement...

Max Life Insurance receives Irdai approval for a Rs 1,612 crore capital infusion from Axis Bank, boosting its growth ambitions and solvency margins. The infusion is subject to CCI approval.

Shares of most life insurance companies declined as Irdai proposed a significant increase in surrender value for non-par insurance products, impacting their margins.