38th AGM notice and FY26 Annual Report filed

Board & Shareholder Meetings View source PDF

MFSL · price

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AI summary

Max Financial Services filed its FY26 Annual Report and 38th AGM notice for August 19, 2026 via video conferencing. Consolidated revenue rose 3% to Rs 47,696 crore with PAT at Rs 106 crore. Subsidiary Axis Max Life posted VNB of Rs 2,647 crore (up 26%), new business premiums up 19% to Rs 14,503 crore, and solvency at 194%. Board also proposed amalgamation of MFSL with Axis Max Life.

Likely market impact

Routine AGM filing. Axis Max Life VNB up 26% to Rs 2,647 crore. Axis Bank stake now 19.99%. MFSL merger with Axis Max Life may simplify structure.