Stocks

Max Financial board to meet for fund raising

| Updated on March 20, 2018 Published on March 20, 2018

The board of directors of Max Financial Services (formerly Max India) will meet on Wednesday to consider fund-raising plans. The company will consider equity or debt or a combination thereof for the purpose of making investments in its subsidiary Max Life Insurance Company. The fund infusion will enable Max Life to drive growth through acquisition opportunities. Investors will closely monitor the quantum and mode of fund raising by the company.

Published on March 20, 2018
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