Bhai Mohan Singh Nagar, Railmajra, Tehsil Balachaur, District Nawanshahr, Punjab - 144533.
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, September 25, 2018 at 11.00 am
Venue: Registered Office of the Company at Bhai Mohan Singh Nagar, Railmajra, Tehsil Balachaur, District Nawanshahr, Punjab-144 533.
Book Closure: Wednesday, September 19, 2018 to Tuesday, September 25, 2018 (both days inclusive)
Financial Year: The financial year of the Company starts from April 1st of a year and ends on March 31st of the following year.
|1||First quarter results||By first week of August 2018|
|2||Second quarter & half yearly results||By second week of November 2018|
|3||Third quarter results||By second week of February 2019|
|4||Annual results||By May 30, 2019|
The Equity Shares of the Company are listed on the BSE Limited (‘BSE’) and the National Stock Exchange of India Limited (‘NSE’). The Company confirms that it has paid annual listing fees due to BSE and NSE for the year 2018-19.
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 CDSL||INE180A01020|
|November, 17||590.05||540.95||591.00||541.25||December, 17||611.25||520.15||610.00||516.20||January, 18||604.75||515.00||604.20||515.85||February, 18||557.35||485.65||556.65||486.05|
|Category||No. of shares held||% of shareholding|
|Mutual Funds and UTI||7,47,34,785||27.85|
|Banks, Financial Institutions||4,16,602||0.16|
|Foreign Institutional Investors||1,16,33,206||4.33|
|Foreign Portfolio Investors||6,75,11,500||25.15|
|Alternate Investment Funds||11,29,369||0.42|
|Non-resident Indians/ Overseas Corporate Bodies||15,78,081||0.59|
|Unclaimed Suspense Account||4,71,060||0.17|
|No. of Shareholders||Percentage of Total||Shareholdings||No. of shares||Percentage to Total Shares|
|63,494||97.63||1 to 5000||1,73,88,951||6.48|
|814||1.25||5001 to 10000||29,13,209||1.08|
|315||0.48||10001 to 20000||22,68,813||0.85|
|92||0.14||20001 to 30000||11,41,105||0.43|
|62||0.10||30001 to 40000||10,68,290||0.40|
|28||0.04||40001 to 50000||6,45,880||0.24|
|63||0.10||50001 to 100000||22,91,660||0.85|
|171||0.26||100001 - Above||24,06,66,119||89.67|
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.
Your kind attention is drawn towards the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)(Fourth amendment) Regulations, 2018 notified on June 8, 2018, vide which SEBI prescribed that w.e.f. December 5, 2018, the transfer of securities, in physical form, shall not be processed unless securities are held in dematerialized form with any of the depository and therefore, all members holding shares in physical form are further advised to convert their shareholding from Physical form to Demat form with a Depository Participant of their choice.
Holding share(s) in Demat form has following advantages:
Freedom from physical storage
Elimination of chances of theft, mutilation, defacement etc.
Easy to sell and realize sale proceeds and/or dividend in the bank account linked with the Depository.
Contribution to the 'Green Initiative'
To make any change in your particulars, you can make single request with your DP, which will be applicable to shareholding in all companies in your demat account.
Demat account can be operated from anywhere in the world.
In respect of shares upto 1000 per folio, transfers (including transmission) 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 generally completed within 7 -10 days.
The Company has not declared any dividend for the current financial year.
The Board of Directors approved a Dividend Distribution Policy in line with Regulation 43A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). The said policy is enclosed as an annexure to the Directors’ Report and is also available on the website of the Company www.maxfinancialservices.com.
In respect of any unpaid / unclaimed dividends, the shareholders are requested to write to the Registrar and Share Transfer Agent of the Company. Further, 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 past dividend(s), 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
Place: New Delhi
Date: August 6, 2018
For Max Financial Services Limited
(formerly Max India Limited)