Max Financial Services Limited has informed the Exchange regarding Appointment of Ms. Siddhi Suneja as Company Secretary & Compliance Officer of the company w.e.f. October 01, 2025.
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Max Financial Services has appointed Ms. Siddhi Suneja as the Company Secretary & Compliance Officer of the company, effective October 1, 2025. She has also been designated as a Key Managerial Personnel (KMP) under Section 203 of the Companies Act, 2013, and will serve as the Nodal Officer for IEPF-related coordination. Ms. Suneja is an internal appointee — she has been with Axis Max Life Insurance for eight years since 2017 and has contributed to capital raising transactions (including the Axis infusion and two rounds of debt raise in 2021 and 2025), board governance, and the incorporation of Max Life Pension Fund Management Limited. She is a Commerce and Law graduate and an ICSI member (Membership No. A57747). The appointment was approved by the Board on September 30, 2025, on the recommendation of the Nomination and Remuneration Committee.
This is a routine internal leadership update with no expected material impact on the stock. It signals continuity in governance, as Ms. Suneja is a known internal candidate familiar with the group's regulatory and capital-raising functions.