March 2017

Max Financial Services: Investor Release

Press Releases

March 2017

Max India: Investor Release

Media Docket

11th May 2017, New Delhi

Max India Sponsors to increase shareholding by 4% to 45.12%

6th Apr 2017, New Delhi

Max Ventures & Industries Formalizes JV with Toppan Printing, Japan, for Max Speciality Films (MSF)

10th Feb 2017, New Delhi

MaxVIL to enter into a JV with Toppan Printing, Japan, for Max Speciality Films

9th January 2016, New Delhi

Max Ventures & Industries to sell 22.5% stake to a subsidiary of New York Life Insurance Company

25th November 2016, New Delhi

Max Financial Services announces Embedded Value (EV) for Max Life at Rs. 6,204 Cr.*; Return on EV (RoEV): 22%

4th November 2016, New Delhi

Max Financial Services Consolidated Profit Before Tax for the half year ended September 2016 grew 27% to Rs. 313 cr.

8 August 2016, New Delhi

HDFC Life, Max Group Entities finalize merger of Life Insurance Businesses

8 August 2016, New Delhi

Max Financials Services Q1 FY17 Consolidated Revenue Rises by 17%, to Rs. 2,242 Cr.

8 August 2016, New Delhi

Max India announces maiden financial results after listing; Max Healthcare and Max Bupa report strong topline growth

13th July 2016, New Delhi

Max India Limited to list tomorrow; opportunity to invest in high-potential healthcare and allied services businesses

21st June 2016, New Delhi

Max Ventures and Industries Limited (MVIL) listing tomorrow; to unlock value for Max shareholders

MVIL will be the second company to start trading following the demerger of the erstwhile Max India Limited.

Mumbai, June 17, 2016

HDFC Life, Max Life and Max Financial Services Announces Entering into Exclusivity to Evaluate a Strategic Combination

13 June 2016

Bupa completes share purchase from partner Max India to increase its stake in Indian health insurer Max Bupa to 49%

New Delhi, May 12th, 2016

Max Ventures & Industries makes its maiden private equity investment - Rs 335 Million in Azure Hospitality

Marks MVIL’s first big venture after the demerger of Max India

New Delhi, January 20th, 2016

Max India shares to trade ex-demerger from 27th Jan

Record date for demerger on 28th January

The company is being renamed as Max Financial Services

New Delhi, January 15th, 2016

Leadership Transformation in the Max Group

The Max Group, one of India’s leading conglomerates, today announced the transition of Analjit Singh to the position of Founder & Chairman Emeritus, Max Group.

New Delhi, January 15th, 2016

Max India Concludes 3 Way Demerger to Unlock Value

Max India Limited, one of India’s leading multi business corporates, today announced its demerger into three listed companies

New Delhi, December 24, 2015

India’s Demerger Receives Court Approval

Max India Board to announce effective date for demerger of company into 3 separate listed entities in January 2016

New Delhi, November 26, 2015

Max India announces the Embedded Value (EV) for Max Life at Rs. 5,363 Cr.

Operating EV grows at annualised rate of 15%

New Delhi, November 23, 2015

Bupa to pay Rs. 191 crore to Max India to raise stake in Max Bupa by 23%.

Max India will own 51% and Bupa will own 49% in Max Bupa post requisite regulatory approvals

New Delhi, October 28, 2015

Max Healthcare partners Smart Health City to operate and manage South Delhi based Saket City Hospital

Max Healthcare (MHC) today announced a partnership with Smart Group wherein MHC would acquire 51% stake in Saket City Hospital Pvt. Ltd.

New Delhi, August 06, 2015

Max India’s Corporate Restructuring Plan Receives Formal Shareholder Approval

Max India shareholders support the demerger with an overwhelming majority of 99.99%

Delhi, May 28, 2015

Max Healthcare to acquire 76% stake in NCR based Pushpanjali Crosslay Hospital for Rs 287 Cr.

Max Healthcare (MHC) today announced that it has executed definitive agreements to acquire a controlling stake

New Delhi, May 27, 2015

Max India announces the Embedded Value (EV) for its life insurance business as at 31st March 2015

Max India Ltd. today announced the Embedded Value (EV) for its life insurance business,

Delhi, March 24, 2015

Max India Foundation salutes Breast Cancer survivors in a gala event ‘Celebrate Me

Continuing its commitment and fight against Breast Cancer, Max India Foundation (MIF) culminated its month long breast cancer screening

New Delhi, January 27, 2015

Max India set for mega corporate restructuring

The Board of Max India Ltd, approved a Corporate Restructuring plan to vertically split the company through a demerger, into three separate listed companies

New Delhi, January 05, 2015

Max Bupa Set To Become One Of The First To Benefit From New Insurance Fdi Limit

Max Bupa Health Insurance (Max Bupa) today announced that it is set to become one of the first companies in India to benefit from the proposed increased

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