Max Ventures Investment Holdings Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
MFSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Max Ventures Investment Holdings Private Limited, acting on behalf of the promoters of Max Financial Services Limited, has submitted a declaration under Regulation 31(4) of SEBI's Takeover Regulations, 2011 to BSE, NSE, and the company's Audit Committee. The declaration confirms that the promoters and persons acting in concert (PAC) have not created any new encumbrance (pledge, lien, or charge) on shares of Max Financial Services during the financial year ended March 31, 2025, other than those already disclosed via System Driven Disclosure or to stock exchanges. The filing lists six promoters: Mr. Analjit Singh, Mrs. Neelu Analjit Singh, Ms. Piya Singh, Mr. Veer Singh, Mrs. Tara Singh Vachani, and Max Ventures Investment Holdings Private Limited. Mrs. Neelu Analjit Singh is noted as having requested reclassification from promoter to public shareholder.
This is a routine compliance filing that signals the promoter group's shares remain free of new pledges or encumbrances, which is a mildly positive signal for retail investors regarding promoter confidence. The pending reclassification request from one promoter member may marginally reduce the promoter group's stated shareholding in the future.