Max Group

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Max Group
Websitewww.maxgroup.in

Max Group is an Indian conglomerate headquartered in New Delhi, operating in the fields of life insurance, healthcare, hospitality, real estate and independent senior living.[4] It was founded in 1985 by Analjit Singh.[1]

Max Group companies include Max Life Insurance, Max Financial Services, Max Ventures and Industries, Max India, Max Specialty Films, Max Estates, and Antara Senior Living.[5]

History

Max Group traces its origin to the company inherited by

Max Bupa
in 2008.

Structure

Three

Max India
. The three holding companies have their own separate subsidiaries. The structure is as follows:

Max India

  • Antara Senior Living (senior living)

Max Financial Services

Max Ventures and Industries

  • Max Estates (commercial and residential projects)
  • Max Asset Services (real estate services)
  • Max Specialty Films (packaging films)
  • Max I. Limited (venture capital)

Governance and financials

The group is led by Analjit Singh and a board of directors. Each holding company under the group operates independently and has its own board of directors and shareholders.[9][10] In 2019, the group posted revenues of $3.2 billion. .[11]

References

  1. ^ a b Aug 2019, ET Now | 07; Ist, 09:51 Pm. "Max Group has absolutely no plan to exit life insurance business, says Analjit Singh" – via economictimes.indiatimes.com.{{cite web}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  2. ^ "Max India Limited Reports Strong Q3FY2020 Financial Results; Max Healthcare's EBITDA of Rs. 121 Cr., Grows 92%".
  3. ^ "About Us". Max Group.
  4. ^ Thacker, Teena (30 April 2019). "Analjit Singh offers exit to Max shareholders, plans new businesses". Livemint.
  5. ^ Reporters, B. S. (16 January 2016). "Max India wraps up three-way demerger". Business Standard India – via Business Standard.
  6. S2CID 213866627
    .
  7. ^ Shauvik Ghosh (10 February 2012). "Analjit Singh to be chairman of Vodafone India". Livemint.com. Retrieved 1 May 2020.
  8. ^ Barman, Arijit (22 January 2018). "Max India: KKR set to back Max India promoter Analjit Singh with Rs 2,000-crore liquidity infusion - The Economic Times". The Economic Times. Economictimes.indiatimes.com. Retrieved 1 May 2020.
  9. ^ "Max India to venture into new verticals after divesting insurance, healthcare business". 29 April 2019.
  10. ^ "Max India shares to trade ex-demerger from 27th Jan". @businessline. 20 January 2016.
  11. ^ "Max Financial Services H1FY20 Consolidated Revenue Grows 10% to Rs. 8,635 Cr.; Max Life Reports Strong Growth in Sales, Value of New Business and Margin". Outlookindia.com. Retrieved 1 May 2020.

External links

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