Max Financial Services acquires balance 5.17% stake in Max Life

Max Financial Services has completed the acquisition of balance 5.17% stake held by Mitsui Sumitomo Insurance Company, Japan (MSI), in Max Life Insurance Company (Max Life), a material subsidiary of the Company. After the aforesaid transaction, the shareholding held by the Company in Max Life stands increased to 87%.
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First Published: Dec 08 2022 | 5:48 PM IST
