January 14, 2016

Max India -Demerger- First Life Insurance Co. to be Listed

Demerger Record Date : 28/01/2016



( Max India shares are Rs. 2 Paid Up )

'"Post restructuring, Max India's existing shareholders will retain one equity share of Rs 2 in Max Financial Services Limited. They will additionally get one equity share of Rs 2 each of the new company Max India Ltd for every one equity share held in Max Financial Services and one equity share of Rs 10 each of Max Ventures and Industries Limited for every 5 equity shares of Rs 2 each held in Max Financial Services.



Understanding Max India’s Corporate Restructuring

"The original entity – Max India, which will be renamed as Max Financial Services Ltd., will focus solely on the group’s flagship insurance activity, through its 72.1% holding in Max Life. It will be the first Indian listed company exclusively focused on life insurance.

June 17, 2016

HDFC Life Insurance, Max Life Insurance to Merge ?. Max Financial Zooms




HDFC Life Insurance is Unlisted.

Max Life Insurance 's holding Company , Max Financial Services is Listed.

After a Three Way Split of erstwhile Max India , Max Financial's main business came to be its holding of  Group 's shares of Max Life Insurance. ( Please Recheck )

For More :-

General Warning : Investment in shares can be injurious to your WEALTH.

Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism

( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog. )

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