Max Financial Services Ltd. to Raise Funds and Shift Registered Office

Max Financial Services Ltd. has announced that its Board of Directors has approved the infusion of share capital of up to ₹389 Crores by Axis Bank Limited in Axis Max Life Insurance Limited (‘AMLI’) to meet its funding requirements. Consequently, the size of the proposed fund raise has been reduced from an aggregate amount of up to ₹2,000 Crores to an aggregate amount of up to ₹1,600 Crores. The Board has also noted the order of the Regional Director, Northern Region, Chandigarh, Ministry of Corporate Affairs dated February 17, 2026, approving the shifting of the Registered office of the Company from the ‘State of Punjab’ to the ‘State of Haryana’. The effective date for shifting of the registered office of the Company is April 13, 2026.