Max Financial Services will hold a meeting of the Board of Directors of the Company on 12 May 2026.Powered by Capital Market - Live News

The board of Max Financial Services at its meeting held 12 March 2026 has approved raising of fund by way of a qualified institutional placement for an amount not exceeding Rs 2,000 crore.  The proposed utilization of fund raise is primarily to meet the funding requirements of its material subsidiary company, viz., Axis Max Life Insurance, for supporting its business growth and expansion plans and balance for general corporate purposes. The board also approved increase in authorised share capital of the company from Rs 70 crore to Rs 75 crore. Powered by Capital Market - Live News

Max Financial Services will hold a meeting of the Board of Directors of the Company on 12 March 2026.Powered by Capital Market - Live News

Net profit of Max Financial Services declined 34.76% to Rs 36.56 crore in the quarter ended December 2025 as against Rs 56.04 crore during the previous quarter ended December 2024. Sales rose 59.81% to Rs 14258.93 crore in the quarter ended December 2025 as against Rs 8922.67 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales14258.938922.67 60 OPM %0.551.00 - PBDT50.5881.72 -38 PBT50.0680.94 -38 NP36.5656.04 -35 Powered by Capital Market - Live News

Max Financial Services will hold a meeting of the Board of Directors of the Company on 11 February 2026.Powered by Capital Market - Live News