Max Financial Services has updated its capital infusion strategy, reducing the proposed aggregate fund raise from ₹2,000 crore to ₹1,600 crore, following a ₹389 crore capital infusion by Axis Bank into Axis Max Life Insurance. Additionally, the company is shifting its registered office from Punjab to Gurugram, Haryana, effective April 13, 2026.
Strategic Capital Adjustment
Following a recent capital infusion of ₹389 crore by Axis Bank Limited into Axis Max Life Insurance (AMLI), the board of Max Financial Services has opted to revise its planned fund-raising target. The company has reduced the total proposed amount from ₹2,000 crore to ₹1,600 crore. All other previously approved terms and conditions from the March 12, 2026 board resolution remain in full effect.
Registered Office Relocation
Max Financial Services has finalized the transition of its corporate presence. The registered office, which was previously located in Bhai Mohan Singh Nagar, Punjab, will officially shift to Gurugram, Haryana. This change has received all necessary official approvals, and the new address at Plot no. 90-C, Sector – 18, Urban Estate, Gurugram will become operational on April 13, 2026.
Source: BSE
