Axis Bank Raises Stake in Max Life Insurance by 6.23%, Shares of Max Financial Sevices Surge 8%
Axis Bank announced that it would acquire an additional 6.23% stake in Max Life Insurance for a total consideration of Rs 1,612 crore or $194.6...
Tag : Max Financial Services
Max Financial Services Promoters Sell 1.7% Stake for Rs 400 Crore
Max Ventures Investment Holdings, the promoter of financial services firm Max Financial Services, sold 58.85 lakh shares in the company for Rs 400 crore in...
Max Financial Services Receives Irdai’s Approval to Acquire Remaining Stake in Max Life
Max Financial Services, the promoter of the insurer Max Life Insurance, has received approval from the insurance regulator (Irdai) to buy the remaining 5.17% stake...
Axis Bank to Buy 17% Instead of 29% in Max Life Insurance JV Pact
On Monday, the country’s third-largest private sector lender, Axis Bank announced that it would acquire 17% stake in Max Life Insurance, instead of 29% as...
Axis Bank to Acquire 29% Stake in Max Life Insurance
The board of Axis Bank has approved purchase of an additional 29 per cent to stake in Max Life Insurance which will take the private...