Max Financial Services approves capital infusion by Axis Bank and office shift
Max Financial Services · Insurance
Key highlights
- Axis Bank Limited to infuse up to ₹389 Crores in Axis Max Life Insurance Limited, reducing total fund raise from ₹2,000 Crores to ₹1,600 Crores.
- Board approved all other terms from March 12, 2026, remain unchanged.
- Registered office to shift from Punjab to Haryana effective April 13, 2026, as per Ministry of Corporate Affairs order dated February 17, 2026.
Why it's rated notable: amount is ₹500 crore or more
Original filing
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations')
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Max Financial Services
- Fundraise / allotmentNotableMax Financial seeks shareholder approval for ₹1,600 crore raise and Axis Bank AMLI stake
- Fundraise / allotmentNotableMax Financial Services approves fundraise of up to ₹2,000 crore via equity issuance
Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
Potential multibaggers in Insurance
on management's own guidance
- 2
- Niva Bupa HealthGood growth1
- HDFC Life Insurance CompanyModerate growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.