·
Proposed demerger of its business into 3 listed
companies: Unlock values
o
Max Financial services – Will focus on Life
Insurance business with 72% holding in Max Life. Will be the 1st
indian listed co with focus on Life Insurance.
o
Max India: Will manage high potential health and
allied businesses comprising Max Health care, Max Bupa and Antara Senior
Living.0
o
Max ventures and Industries : Will look after
speciality film packaging subsidiary : Max Speciality Films which was started
in 1989
·
5 equity share of existing Max India will be
split into : 5 MFS (Rs.2 FV), 5 Max India (Rs.2 FV) and 1 MVIL (Rs10 FV)
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