Corporate News     09-Dec-20
Max Financial Services allots 7.54 cr equity shares to Mitsui Sumitomo Insurance Company
Max Financial Services announced that on 08 December 2020, the company allotted 7,54,58,088 equity shares of Rs. 2/- each at a price of Rs. 565.11 per equity share amounting to 21.87% of the paid up share capital of Max Financial Services (MFSL) to Mitsui Sumitomo Insurance Company (MSI) on preferential basis in consideration for the transfer of equity shares constituting 20.57% of the paid up share capital of Max life Insurance Company (Max Life) held by MSI to MFSL.

With this allotment, the paid up equity share capital of the Company stands increased to Rs.69,00,65,184/-

Previous News
  Max Financial Services consolidated net profit rises 165.97% in the June 2022 quarter
 ( Results - Announcements 01-Aug-22   17:59 )
  Max Financial Services consolidated net profit rises 200.48% in the December 2022 quarter
 ( Results - Announcements 01-Feb-23   07:31 )
  Max Financial Services reports standalone net profit of Rs 66.53 crore in the March 2020 quarter
 ( Results - Announcements 26-May-20   15:41 )
  Max Financial Services to convene AGM
 ( Corporate News - 02-Sep-21   10:09 )
  Board of Max Financial Services approves change in CFO
 ( Corporate News - 09-Sep-21   18:29 )
  Max Financial Services consolidated net profit declines 49.03% in the September 2019 quarter
 ( Results - Announcements 07-Nov-19   08:18 )
  Max Financial Services announces incorporation of Max Life Pension Fund Management
 ( Corporate News - 02-Mar-22   19:36 )
  Max Financial records Q4 PAT of Rs 70 cr
 ( Hot Pursuit - 09-Jun-21   12:21 )
  Max Financial gets IRDAI nod for acquiring residual stake in Max Life
 ( Hot Pursuit - 28-Nov-22   08:08 )
  Max Financial Services to announce Quarterly Result
 ( Corporate News - 31-May-21   19:02 )
  Max India fixes record date for Scheme of Arrangement - Demerger
 ( Market Beat - Reports 19-Jan-16   18:53 )
Other Stories
  Galaxy Agrico Exports announces board meeting date
  08-Jul-24   10:50
  Bombay Wire Ropes AGM scheduled
  08-Jul-24   10:49
  Vivimed Labs to convene EGM
  08-Jul-24   10:49
  Vivanza Biosciences to convene AGM
  08-Jul-24   10:49
  J Taparia Projects to announce Quarterly Result
  08-Jul-24   10:49
  CreditAccess Grameen schedules AGM
  08-Jul-24   10:24
  IRM Energy schedules AGM
  08-Jul-24   10:24
  Great Eastern Shipping Company schedules AGM
  08-Jul-24   10:24
  One 97 Communications allots 2.81 lakh equity shares under ESOS
  08-Jul-24   09:15
  Coforge acquires 27.98% stake in Cigniti Technologies
  08-Jul-24   09:09
Back Top