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Max Financial Services informs about postal ballot results

17 Jul 2021 Evaluate

With reference to earlier letter dated June 15, 2021, Max Financial Services has informed that the Company is seeking approval of the members by way of Special Resolution through Postal Ballot for payment of a one-time special incentive of a gross amount of Rs 5,00,00,000 (in addition to existing remuneration as approved by the members of the company at the last AGM held on December 30, 2020) to Mohit Talwar, Managing Director of the Company. Basis the report of Scrutinizer, the Members of the Company have accorded their approval with requisite majority for the Special Resolution mentioned above. In this regard, the Company attached the Scrutinizer's Report dated July 16, 2021, issued by Chandrasekaran Associates, Company Secretaries.

The above information is a part of company’s filings submitted to BSE.

Peers