<p>Max India, one of India’s leading multi business corporates, has announced its demerger into three listed companies — Max Financial Services, Max India, and Max Ventures and Industries — to provide its investors with specific and undiluted access to its diverse lines of businesses, unlock shareholder value and enable sharper focus on each operating business.<br /><br /></p>.<p>The first holding company, Max Financial Services (MFS) will focus solely on managing the Group’s flagship life insurance business, through its 72 per cent shareholding in Max Life. <br /><br />It will become the first Indian listed company exclusively focused on life insurance, a press release said.<br /><br />The second holding company, which retains the name Max India, will manage investments in the high potential Health and Allied businesses - Max Healthcare, Max Bupa and Antara Senior Living. The third holding company, Max Ventures & Industries (MVIL) will manage the investment in the manufacturing subsidiary, Max Speciality Films, which is an innovation leader in the Speciality Packaging Films business.</p>
<p>Max India, one of India’s leading multi business corporates, has announced its demerger into three listed companies — Max Financial Services, Max India, and Max Ventures and Industries — to provide its investors with specific and undiluted access to its diverse lines of businesses, unlock shareholder value and enable sharper focus on each operating business.<br /><br /></p>.<p>The first holding company, Max Financial Services (MFS) will focus solely on managing the Group’s flagship life insurance business, through its 72 per cent shareholding in Max Life. <br /><br />It will become the first Indian listed company exclusively focused on life insurance, a press release said.<br /><br />The second holding company, which retains the name Max India, will manage investments in the high potential Health and Allied businesses - Max Healthcare, Max Bupa and Antara Senior Living. The third holding company, Max Ventures & Industries (MVIL) will manage the investment in the manufacturing subsidiary, Max Speciality Films, which is an innovation leader in the Speciality Packaging Films business.</p>
