419, Bhai Mohan Singh Nagar, Village Railmajra, Tehsil Balachaur, District Nawanshahr, Punjab- 144 533.
Max House, 1, Dr. Jha Marg, Okhla,
Phase III, New Delhi–110 020
Phone–011 42598000, Fax–011 26324126
Mas Services Limited, T-34, 2nd Floor,
Okhla Industrial Area, Phase - II New Delhi–110 020,
Tel–011 26387281/82/83, Fax–011 26387384
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.
|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|
The Equity Shares of the Company are listed on the BSE Limited (‘BSE’) and the National Stock Exchange of India Limited (‘NSE’).
Phiroze Jeejeebhoy Towers,
Mumbai- 400 001
Phones : 91-22-22721233/4
Fax : 91-22-22721919
|National Stock Exchange of
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.
The Company’s shares are in dematerialized mode through National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited ('CDSL').
|Demat ISIN No. for NSDL and CDSLL||INE180A01020|
|Category||No. of shares held %||% of shareholding|
|Mutual Funds and UTI||5,49,84,975||20.57|
|Banks and Financial Institutions||4,62,978||0.17|
|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|
|Non-resident Indians/ Overseas Corporate Bodies||13,03,212||0.49|
|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|
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.
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.
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.
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.
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.
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:
T-34, 2nd Floor Okhla Industrial Area, Phase – II
New Delhi – 110 020
Mr. Sharwan Mangla
Fax No.:- 011 – 26387384
e-mail : email@example.com
Max House, 1, Dr. Jha Marg
Okhla Industrial Area, Phase – III
New Delhi – 110 020
Mr. Sandeep Pathak
Tel. No.:- 011-42598000
Fax No.:- 011-26324126
Please visit us at www.maxfinancialservices.com for financial and other information about your Company.
For Max Financial Services Limited
(formerly Max India Limited)
Place: New Delhi
Date: 9th August, 2017