GENERAL SHAREHOLDER

INFORMATION

Registered Office:

419, Bhai Mohan Singh Nagar, Village Railmajra, Tehsil Balachaur, District Nawanshahr, Punjab- 144 533.

Investor Helpline:

Max House, 1, Dr. Jha Marg, Okhla,

Phase III, New Delhi–110 020

Phone–011 42598000, Fax–011 26324126

e-mail: investorhelpline@maxindia.com

Share Transfer Agent:

Mas Services Limited, T-34, 2nd Floor,

Okhla Industrial Area, Phase - II New Delhi–110 020,

Tel–011 26387281/82/83, Fax–011 26387384

e-mail: info@masserv.com

Annual General Meeting:

Date and Time: Tuesday, 26th September, 2017 at 1030 hrs.

Venue: Registered Office of the Company at 419, Bhai Mohan Singh Nagar, Railmajra, Tehsil Balachaur, District Nawanshahr, Punjab-144 533.

Book Closure: Wednesday, 20th September, 2017 to Tuesday, 26th September, 2017 (both days inclusive)

Financial Year: The financial year of the Company starts from 1st April of a year and ends on 31st March of the following year.

FINANCIAL CALENDAR – 2017-18:

1 First quarter results By second week of August, 2017
2 Second quarter & half yearly results By second week of November, 2017
3 Third quarter results By second week of February, 2018
4 Annual results By 30th May, 2018

LISTING ON STOCK EXCHANGES:

The Equity Shares of the Company are listed on the BSE Limited (‘BSE’) and the National Stock Exchange of India Limited (‘NSE’).

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001
Phones : 91-22-22721233/4
Fax : 91-22-22721919
National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051
Tel No: (022) 26598100 – 8114
Fax No: (022) 26598120

The Company confirms that it has paid annual listing fees due to BSE and NSE for FY 2017-18.

CONNECTIVITY WITH DEPOSITORIES:

The Company’s shares are in dematerialized mode through National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited ('CDSL').

STOCK CODE:

BSE 500271
NSE MFSL
Demat ISIN No. for NSDL and CDSLL INE180A01020
Reuters Bloomberg
BSE MAXI.BO MAXF:IN
NSE MAXI.NS NMAX:IN

Share Price Data - Monthly high and low on NSE and BSE

Month NSE BSE
High(₹) Low(₹) High(₹) Low(₹)
April, 2016 379.00 333.00 377.40 334.40
May, 2016 390.85 345.00 391.50 347.50
June, 2016 564.70 345.00 563.40 360.00
July, 2016 618.00 423.00 618.20 425.75
August, 2016 585.45 476.70 585.90 477.40
September, 2016 628.00 536.25 627.40 536.00
October, 2016 573.75 533.70 574.40 534.10
November, 2016 580.00 485.95 579.75 482.00
December, 2016 568.00 516.75 564.90 517.60
January, 2017 579.00 537.20 578.80 538.00
February, 2017 639.00 559.20 638.00 559.05
March, 2017 586.95 512.30 586.50 513.00

Share Price Vs Sensex


Shareholding Pattern as on 31st March, 2017:

Category No. of shares held % % of shareholding
Promoters 8,13,02,738 30.42
Mutual Funds and UTI 5,49,84,975 20.57
Banks and Financial Institutions 4,62,978 0.17
Insurance Companies 45,750 0.02
Foreign Institutional Investors 1,39,53,777 5.22
Foreign Portfolio Investors 5,66,83,352 21.21
Foreign Direct Investment 2,55,28,470 9.55
Bodies Corporate 66,47,269 2.49
Non-resident Indians/ Overseas Corporate Bodies 13,03,212 0.49
Clearing Members 5,85,079 0.22
Resident Individuals 2,57,67,157 9.64
Trusts 5,292 0.00
Total 26,72,70,049 100.00

Distribution of shareholding as on 31st March, 2017:

No. of Shareholders Percentage of Total Shareholders Shareholdings No. of shares Percentage to Total Shares
57,063 97.06 1 to 5,000 1,67,31,295 6.26
817 1.39 5,001 to 10,000 29,58,887 1.11
351 0.60 10,001 to 20,000 25,40,923 0.95
113 0.19 20,001 to 30,000 13,98,115 0.52
53 0.09 30,001 to 40,000 9,16,009 0.34
45 0.08 40,001 to 50,000 10,14,296 0.38
107 0.18 50,001 to 1,00,000 37,70,705 1.41
243 0.41 1,00,001 – Above 23,79,39,819 89.03
58,792 100 Total 26,72,70,049 100.00

General Shareholder Information

Dematerialisation status as on 31st March, 2017:

  • Shareholding in dematerialised mode 99.18%
  • Shareholding in physical mode 0.82%

Reconciliation of Share Capital Audit

As stipulated by the Regulation 55A of SEBI (Depositories and Participants) Regulations, 1996, a practicing Company Secretary carries out the Reconciliation of Share Capital Audit, on a quarterly basis, to reconcile the total admitted capital with National Securities Depository Limited (‘NSDL’) and Central Depository Services (India) Limited (‘CDSL’) with the total listed and paid-up capital. The audit report, inter alia, confirms that the total listed and paid up capital of the Company is in agreement with the aggregate of the total number of shares in dematerialized form and total number of shares in physical form.

FOR SHAREHOLDERS HOLDING SHARES IN DEMATERIALISED MODE

Shareholders holding shares in dematerialised mode are requested to intimate all changes with respect to bank details, mandate, nomination, power of attorney, change of address, change of name etc. to their Depository Participant (DP). These changes will be reflected in the Company’s records on the downloading of information from Depositories, which will help the Company provide better service to its shareholders.

Share Transfer System

In respect of shares upto 1000 per folio, transfers are effected on a weekly basis. For others, the transfers are effected within limits prescribed by law. The average turnaround time for processing registration of transfers is 15 days from the date of receipt of requests. The processing activities with respect to requests received for dematerialisation are completed within 7 -10 days.

Unclaimed Final Dividend for FY 2015-16

The Board of Directors of the Company had recommended a 90% Final Dividend of ₹ 1.80/- per equity share on a face value of ₹ 2/- per share on 30th May, 2016 for the year ended 31st March, 2016, which was approved by the shareholders of the Company at the Twenty Eighth Annual General Meeting held on 27th September, 2016. The Final Dividend was paid to the shareholders on 12th October, 2016 and remaining unpaid amount was transferred to the unpaid Dividend Account. In respect of the unpaid/unclaimed Final Dividend for the FY 2015- 16, the shareholders are requested to write to the Registrar and Share Transfer Agent of the Company. Further, Section 205A of the Companies Act, 1956 and/ or section 124 of the Companies Act, 2013, mandates companies to transfer Dividend that remains unclaimed for a period of seven years to the Investor Education and Protection Fund (‘IEPF’). Therefore, balance if any remaining unclaimed/ unpaid against the Final Dividend 2015-16, will be transferred to IEPF within the statutory period prescribed under the Act.

OUTSTANDING GDRS/ADRS/ WARRANTS OR ANY CONVERTIBLE INSTRUMENTS, CONVERSION DATE AND LIKELY IMPACT ON EQUITY

Not Applicable

Commodity Price Risk or foreign exchange risk and hedging activities

Not Applicable

Plant Locations

Not Applicable

Communication of Financial Results

The unaudited quarterly financial results and the audited annual accounts are normally published in the Financial Express (English) and Desh Sewak (Punjabi). The financial results, press releases and presentations etc. are regularly displayed on the Company’s website- www.maxfinancialservices.com.

Address for Correspondence with the Company

Investors and shareholders can correspond with the office of the share transfer agent of the Company or the Corporate Office of the Company at the following addresses:

Mas Services Limited (Registrar & Share Transfer Agent)

T-34, 2nd Floor Okhla Industrial Area, Phase – II

New Delhi – 110 020

Contact Person

Mr. Sharwan Mangla

Tel No.:-011-26387281/82/83

Fax No.:- 011 – 26387384

e-mail : info@masserv.com

Max Financial Services Limited (Corporate Office)

Secretarial Department

Max House, 1, Dr. Jha Marg

Okhla Industrial Area, Phase – III

New Delhi – 110 020

Company Secretary and Compliance Officer

Mr. Sandeep Pathak

Tel. No.:- 011-42598000

Fax No.:- 011-26324126

e-mail:- spathak@maxindia.com

Please visit us at www.maxfinancialservices.com for financial and other information about your Company.


For Max Financial Services Limited

(formerly Max India Limited)


Mohit Talwar

Managing Director

DIN: 02394694


Place: New Delhi

Date: 9th August, 2017