Max Financial Services is planning to raise funds by way of equity and/or debt or a combination thereof, for the purpose of making investments in its subsidiary Max Life Insurance Company to enable Max Life to drive growth through acquisition opportunities. The meeting of the Board of Directors of the company is scheduled to be held on March 21, 2018, to consider the same.
Max Financial Services, a part of the $2 billion Max Group, is the holding company for Max Life, India’s largest non-bank, private life insurance company.
