5th November 2019, New Delhi
Composite merger scheme involving Radiant Life Care, Max Healthcare and Max India gets 99% minority shareholders approval
Shareholder approval process administered by NCLT Merger expected to be completed by end of FY 2020 Transaction will result in 2 listed companies – Max Healthcare and a new ‘Max...
August 7th, 2019, New Delhi
Rajit Mehta Appointed as MD & CEO of Antara; To Oversee New Business Initiatives at Max India Tara Singh Vachani to Become Executive Chairman of Antara
The Board of Antara Senior Living, India’s premier senior living company, today announced the appointment of Rajit Mehta to the position of Managing Director & CEO of Antara Senior Living....
6th August 2019, New Delhi
Max Financial Services Consolidated Revenue at Rs. 3,949 Cr., grows 11% y-o-y Mitsui Sumitomo Insurance to Acquire 21.45% Stake in MFS via Swapping its 19.98% stake in Max Life Insurance
MFS key subsidiary Max Life Insurance Q1FY2020 Financial Highlights: Revenue1: Rs. 3,544 Cr.; grows 15% Embedded Value grows to Rs. 9,314 Cr.; Operating Return on EV: 14.8% Value of New...
21st June 2019, New Delhi
Radiant Life Care Completes Acquisition of 49.7% Stake in Max Healthcare from Life Healthcare
Radiant’s promoter Abhay Soi appointed Chairman of Max Healthcare Max India promoters receive an advance of INR 361 crore from KKR for a 4.99% stake in merged entity; funds have...
29th April 2019, New Delhi
Max India exploring new lines or businesses after divesting Healthcare and Health Insurance
Likely to enter businesses with adjacencies to current group businesses of life insurance, real estate, senior care, hospitality Part of divestment proceeds proposed to be offered to public shareholders Analjit...
12th April 2019, New Delhi
Max Group enters commercial real estate with the opening of Max Towers on DND
Revives a stressed real estate asset and operationalizes it in 2 years, investing Rs 600 Cr First Grade A+ office complex in Noida, located on the edge of South Delhi...
11th February, 2019, New Delhi
Max Financial Services Reports Q3 Consolidated Revenues of Rs. 4,124 Cr., growing 12%
MFS key subsidiary Max Life Insurance Financial Highlights: Revenues1: Rs. 4,113 Cr.; grows 12% Embedded Value grows to Rs. 8,254 Cr.; Operating Return on EV: 18.8% Highest ever Claims Paid...
11th February 2019, New Delhi
Rahul Khosla to transition from Group President to a Group Advisor role in line with agreed plans
Analjit Singh to become Chairman of Max Life and Max India Mohit Talwar to become Group Vice Chairman India’s leading multi-business conglomerate, the Max Group, today announced that Rahul Khosla,...
24th December 2018, New Delhi, Mumbai
Radiant Life Care and KKR to acquire majority stake in Max Healthcare through merger
Newly listed combined entity of Max Healthcare and Radiant with an equity valuation of INR 7,242 crs will be promoted by Abhay Soi and co-promoted by global investment firm KKR...