Max Financial Services Limited has informed the Exchange regarding 'Appointment of M/s. Sanjay Grover and Associates, Practising Company Secretaries (Firm Regn No. P2001DE052900), having Peer Review Certificate No. 6311/2024, as Secretarial Auditors'.
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Max Financial Services' board, at its August 7, 2025 meeting, approved three key decisions. First, the company will shift its registered office from Punjab to Haryana, subject to shareholder approval. Second, M/s. Sanjay Grover and Associates, Practising Company Secretaries, was reappointed as Secretarial Auditor for 5 consecutive financial years starting April 1, 2025, following the end of their previous tenure. Third, the board accepted the resignation of Mr. Piyush Soni as Company Secretary and Compliance Officer (a Key Managerial Personnel), effective September 30, 2025. Mr. Soni is leaving after more than 8 years with the Max group to pursue career advancement aligned with personal commitments. The new secretarial auditor appointment is also subject to shareholder approval at the upcoming Annual General Meeting.
The resignation of the Company Secretary, though a key managerial personnel, is a routine leadership transition and not expected to materially affect operations. The registered office shift and routine auditor reappointment are administrative in nature and should have no significant impact on the stock price.