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Max Financial Services planning to raise funds

05 Apr 2018 Evaluate

Max Financial Services is planning to raise funds by way of debt instruments, for the purpose of making investments in its subsidiary Max Life Insurance Company to enable it finance acquisition opportunities. The meeting of the Board of Directors of the company is scheduled to be held on April 09, 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.

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