Max Financial Services’ board approved raising up to ₹2,000 crore via QIP or other permitted modes to fund Axis Max Life Insurance’s growth, and will seek shareholder approval through a postal ballot.

Mumbai: Max Financial Services Limited has cleared a major capital-raising plan as it prepares to strengthen funding support for its insurance subsidiary and future growth initiatives. The board of ...

Non banking financial company (NBFC) StrideOne has raised ₹100 Cr (about $11 Mn) in a mix of equity and debt capital from undisclosed investors. StrideOne plans to deploy the freshly raised capital in ...

NEW DELHI: Axis Max Life Insurance Ltd. (formerly known as Max Life Insurance Company Ltd.) today announced the launch of the Axis Max Life Sustainable Wealth 50 Index Fund. This first-of-its-kind ...

The board of Max Financial Services at its meeting held 12 March 2026 has approved raising of fund by way of a qualified institutional placement for an amount not exceeding Rs 2,000 crore. The ...

The insurer said the proceeds will be used primarily to support the capital requirements of its material subsidiary, Axis Max Life Insurance, as it looks to fund business growth and expansion. Any ...

Max Financial Services Limited's Board approved raising up to Rs 2,000 crore through qualified institutional placement (QIP) or other permissible modes via equity shares or equity-based securities in ...

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