Max Financial Services Limited, a active public limited company, was established on 24 February 1988 in Distt. Nawanshahr, Punjab, India. Engaging in financial holding companies within the financial and insurance service sector, it holds CIN: L24223PB1988PLC008031. Registered under ROC Roc Chandigarh. it is listed on BSE: 500271 and NSE: MFSL. It has an authorized capital of ₹70.00 Cr and a paid-up capital of ₹69.02 Cr.
Formerly known as Maxxon India Limited, Max India Limited. It upholds a compliant status. In 2023, it reported revenue of ₹58.24 Cr and a net worth of ₹6,763.40 Cr. Employing 37,779 professional, Its leadership includes Malini Thadani (Director), Sahil Vachani (Director), Hideaki Nomura (Director). Past directors included Mohit Talwar, Ajit Singh, Malini Thadani. It holds ₹5.35 Cr open charges and ₹549.95 Cr settled loans. Its latest AGM occurred on 18 September 2025, with the balance sheet filed on 31 March 2025. It is based at Bhai Mohan Singh Nagar, Rail Majra, Tehsil Balachaur,, Distt. Nawanshahr, Punjab, 144533.
L24223PB1988PLC008031
008031
24 February 1988
₹70.00 Cr
₹69.02 Cr
Roc Chandigarh
Listed (BSE: 500271, NSE: MFSL)
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Malini Thadani | Director | 01 Dec 2024 | Current |
| Sahil Vachani | Director | 25 May 2018 | Current |
| Hideaki Nomura | Director | 08 Dec 2020 | Current |
| Mitsuru Yasuda | Director | 08 Dec 2020 | Current |
| Narasimha Murthy Kummamuri | Director | 30 Mar 2021 | Current |
| Jai Arya | Director | 14 Nov 2018 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 06 Sep 2012 | Past |
| Pramod Abcsdd | Director | 15 Jan 2016 | Past |
| Pramod Abcsdd | Additional Director | 13 Dec 2024 | Past |
| Pramod Abcsdd | Company Secretary | 30 Jun 2019 | Past |
| Pramod Abcsdd | Director | 06 Sep 2012 | Past |
| Pramod Abcsdd | Director | 15 Jan 2016 | Past |
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Max Financial Services Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 71.18% decrease. The company also saw a substantial fall in profitability, with a 86.48% decrease in profit. The company's net worth moved up by a moderate rise of 0.2%.
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In 2022, Max Financial Services had a promoter holding of 14.72% and a public holding of 85.28%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹53,500,000.00
₹5,499,490,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Mar 2004 | Punjab National Bank | ₹5.00 Cr | Open |
| 03 May 1994 | Canara Bank | ₹3.50 M | Open |
| 05 Mar 2014 | Indusind Bank Ltd. | ₹20.00 Cr | Satisfied |
| 01 Mar 2013 | Hdfc Bank Limited | ₹30.00 Cr | Satisfied |
| 22 Jun 2010 | Kotak Mahindra Bank Limited | ₹25.00 Cr | Satisfied |
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Max Financial Services has a workforce of 37779 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Max Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Max Financial Services's trajectory.
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The activity Siddhi Suneja was appointed as a Company Secretary was appointed as a Company Secretary on 03 Oct 2025 & has been associated with this company since 2 months 21 days . was completed.
Max Financial Services Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records. was recorded as a recent event.
Progress on Nishant Kumar was appointed as a Cfo was appointed as a Cfo on 05 May 2025 & has been associated with this company since 7 months 19 days . was documented.
The activity Max Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was completed.
Progress on Malini Thadani was appointed as a Director was appointed as a Director on 01 Dec 2024 & has been associated with this company since 1 year 21 days . was documented.
Narasimha Murthy Kummamuri was appointed as a Director was appointed as a Director on 30 Mar 2021 & has been associated with this company since 4 years 8 months . was recorded as a recent event.
The CIN of Max Financial Services Limited is L24223PB1988PLC008031.
Max Financial Services Limited is headquartered at Bhai Mohan Singh Nagar, Rail Majra, Tehsil Balachaur,, Distt. Nawanshahr, Punjab, 144533.
Max Financial Services Limited was incorporated on 24 February 1988.
The current directors of Max Financial Services Limited are
The primary industry of Max Financial Services Limited is Financial And Insurance Service.
Max Financial Services Limited is listed. It is listed on BSE: 500271 and NSE: MFSL.
The authorized capital of Max Financial Services Limited is ₹70.00 Cr, and the paid-up capital is ₹69.02 Cr.
The compliance status of Max Financial Services Limited is Compliant.
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