MFSLBSEMax Financial Services LtdMediumNeutral
Announced Tue, 12 May · 20:17 IST

As per the disclosure attached

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MFSL · price

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Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹1665.90
prior close
₹1670.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-1.7-2.0-2.5-2.3-3.2-3.3-2.8-1.9+1.1-5.2-2.5-1.8
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AI summary

Max Financial Services disclosed an independent actuarial opinion on Embedded Value (EV) results for its material subsidiary Axis Max Life Insurance Limited. The opinion, issued by Willis Towers Watson Actuarial Advisory LLP, confirms the embedded value as at 31 March 2026 stood at INR 28,870.5 crore. The value of new business written during the period April 2025 to March 2026 was INR 2,647.1 crore. WTW concluded that the methodology and assumptions used comply with standards of the Institute of Actuaries of India. This is a routine EV disclosure common for life insurance companies to provide transparency on intrinsic business value.

Likely market impact

The EV results provide shareholders a metric of intrinsic value of the life insurance subsidiary. Positive actuarial validation supports the company's embedded value reporting but does not directly impact stock price in the short term.