Max India has transferred its entire equity shareholding held in its material subsidiary viz. Max Bupa Health Insurance Company (equivalent to 51% of Max Bupa’s total issued and paid-up equity share capital) to Fettle Tone LLP (an affiliate of True North Fund VI LLP). Consequently, Max Bupa Health Insurance Company ceased to be a subsidiary of the Company effective December 16, 2019.
Max India is engaged in the business of investments and providing consultancy services to group companies. The company’s segments are Healthcare Business, Business Investments, Health Insurance, Senior Living and others.
