July 31, 2017

Max Life, HDFC Life Merger Off

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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.

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