Max Financial Services Announces Leadership Change at Axis Max Life Insurance 8 days ago
Max Financial Services announced Sumit Madan will succeed Prashant Tripathy as Managing Director and CEO of Axis Max Life Insurance. Madan, currently Chief Distribution Officer, will assume the role on October 1, 2025, for a five-year term. The appointment awaits shareholder approval and IRDAI clearance. Madan brings 25 years of banking and financial services experience to the position.
Max Financial Services Witnesses Significant Block Trade Worth ₹61.62 Crore Jun 06, 2025
Max Financial Services Sees Significant Block Trade on NSE May 23, 2025
Max Financial Services Swings to Profit in Q4 FY23, Revenue Declines May 14, 2025
More news about Max Financial Services
13May 25
Max Financial Services Reports Strong Q4 FY25 Growth in Retail APE and VNB
Max Financial Services has announced impressive Q4 FY25 results with Total Annual Premium Equivalent (APE) up 6% YoY to ₹3039.00 crore and Value of New Business (VNB) growing 8% to ₹882.00 crore. For FY25, the company achieved 18% overall APE growth, 26% proprietary channel APE growth, and a 16% increase in Assets Under Management to ₹175000.00 crore. The VNB margin improved to 29.02%, indicating enhanced profitability.
17Apr 25
MAX FINANCIAL SERVICES Sees Major Block Trade Amidst Promoter Reclassification Move
MAX FINANCIAL SERVICES LTD. witnessed a significant block trade on NSE, with 621,696 shares traded at Rs. 1,200 per share, totaling Rs. 74.60 crores. Concurrently, the company applied to reclassify Ms. Neelu Analjit Singh, holding 100,000 shares, from 'Promoter and Promoter Group' to 'Public' category on April 16, 2025.
15Apr 25
Max Financial Services Appoints New CFO, Approves Promoter Reclassification
Max Financial Services Ltd. has appointed Nishant Kumar Gehlawat as its new CFO effective May 1, 2025, replacing Amrit Pal Singh. The Board has also approved a request from Ms. Neelu Analjit Singh to reclassify her status from 'Promoter and Promoter Group' to 'Public' category, following a Settlement Agreement with Mr. Analjit Singh. This reclassification is subject to stock exchange approval.
Max Ventures Investment Holding Plans to Offload 1.59% Stake in Max Financial
Max Ventures Investment Holding plans to sell up to 1.59% stake in Max Financial Services through block deals. The offer price is set at ₹1,117.60 per share, with the total deal value estimated at ₹611.60 crore. This move could potentially impact the stock's trading volume and price.
26Mar 25
Max Ventures Investment Holding to Offload 1.59% Stake in Max Financial Services
Max Ventures Investment Holding plans to sell up to 1.59% stake in Max Financial Services through block deals. The offer price is set at ₹1,117.60 per share, with the total deal size estimated at ₹611.60 crore. This significant transaction is expected to inject liquidity into the market and potentially impact Max Financial Services' ownership structure.
05Mar 25
Max Financial Services Sees Significant Block Trade on NSE
Max Financial Services Ltd. (NSE: MFSL) experienced a significant block trade on the National Stock Exchange. 1,184,205 shares were traded at Rs. 1,013.85 per share, totaling Rs. 120.06 crores. This large transaction may indicate shifts in institutional holdings or strategic moves by major investors, potentially influencing short-term market sentiment and trading patterns.
04Mar 25
Max Financial Services Sees Significant Block Trade Worth Rs. 33.01 Crores on NSE
Max Financial Services Ltd. experienced a significant block trade on the National Stock Exchange (NSE). Approximately 330,877 shares were traded at Rs. 997.75 per share, totaling Rs. 33.01 Crores. This large-scale transaction could indicate institutional interest, influence market sentiment, and demonstrates the stock's liquidity.
04Mar 25
Max Financial Services Witnesses Massive Block Trade Worth ₹49.91 Crore on NSE
A significant block trade of 501,820 shares of Max Financial Services Ltd. was executed on the NSE at ₹994.65 per share, totaling ₹49.91 crore. This large transaction indicates potential institutional activity or major stakeholder movements, which could influence short-term market sentiment for the stock.
03Mar 25
Max Financial Services Witnesses Substantial Block Trade on NSE
A significant block trade of 201,052 shares of Max Financial Services Ltd. was executed on the National Stock Exchange at ₹987.00 per share, totaling ₹19.84 crores. This large transaction indicates strong investor interest in the company, which is a key player in India's life insurance sector through its subsidiary Max Life Insurance. While the identities of the parties involved remain undisclosed, such substantial trades can influence market perceptions of the company.
27Feb 25
Max Financial Services Sees Major Block Trade Amid Promoter Reclassification Request
Max Financial Services Ltd. experienced a significant block trade of 510,615 shares at Rs. 1,013.10 per share, totaling Rs. 51.73 crores. Separately, Ms. Neelu Analjit Singh, currently a promoter, requested reclassification from 'Promoter and Promoter Group' to 'Public' category following a divorce and asset segregation agreement with Mr. Analjit Singh. The reclassification, if approved, will not affect the company's current ownership and control structure.