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- Max Financial Services Limited received SEBI's Final Order dated August 24, 2026, regarding a Show Cause Notice. - SEBI disposed of proceedings against the company and Noticee no. 1 to 12 without issuing any direction or penalty. - Settlement applications for 13 other non-executive/independent directors are still under process.

- Q1 FY27 individual adjusted first-year premium grew 17% YoY, outperforming the industry, with APE growing 15% YoY (online business at 27%). - VNB margin expanded from 20.3% in Q1 FY26 to 23.2% in Q1 FY27 (▲290bps YoY), leading to 33% VNB growth, primarily due to higher protection mix and favorable yield curve movement. - Annuities business delivered exceptional 116% growth, supported by new product launches. - Solvency ratio reached a robust 198% following an INR381 crore equity infusion from Axis Bank, expected to remain above the risk threshold for 2-3 quarters. - Policyholder operating expense as a percentage of GWP improved by 185 bps YoY to 16%, driven by productivity enhancement initiatives. - Management guided to deliver VNB growth that outpaces APE growth in FY27 and expects to outperform the industry. - AUM surpassed INR 2 lakh crore, an 11% increase. - Max Life achieved a 99.8% individual death claim paid ratio in FY26 and was recognized as the number one life insurer in customer experience.

- Max Financial Services Limited's 38th AGM on August 19, 2026, saw all resolutions passed with requisite majority. This included adopting FY26 financial statements, re-appointing Mr. Analjit Singh as Director, and approving remuneration for Independent Directors Mr. Jai Arya and Sir Richard Stagg.

- The 38th Annual General Meeting (AGM) of Max Financial Services Limited was held on August 19, 2026, from 10:00 A.M. to 10:59 A.M. via Video Conferencing. - Shareholders adopted the audited standalone and consolidated financial statements for the year ended March 31, 2026. - Mr. Analjit Singh was re-appointed as a Director. - Remuneration for Independent Directors Mr. Jai Arya and Sir Richard Stagg was approved.

- An earnings conference call was held on August 13, 2026, where Senior Management discussed performance for the quarter ended June 30, 2026. - The audio recording of the conference call has been uploaded on the company's website.

- Max Financial Services Limited notified temporary non-compliance with SEBI Regulation 19 on Nomination and Remuneration Committee (NRC) composition. - The non-compliance occurred from March 29 to April 9, 2026, due to an Independent Director's retirement and subsequent delay in appointment. - The issue was rectified by April 9, 2026, and the company paid a total fine of ₹9,440 (including GST) to the stock exchanges for the lapse.

- Q1 FY27 Consolidated Revenue (excluding investment income) ₹7,289 Cr vs ₹6,177 Cr (▲18% YoY) - Q1 FY27 Consolidated PAT ₹1,118 Cr vs ₹816 Cr (▲37% YoY)

- Q1 FY27 MFSL Consolidated Revenue (excl. investment income) ₹7,289Cr (▲18% YoY) - MFSL Consolidated PAT ₹118Cr - Axis Max Life Insurance Gross Written Premium ₹7,607Cr vs ₹6,397Cr (▲19% YoY) - Axis Max Life Insurance Profit Before Tax ₹91Cr vs ₹74Cr (▲23% YoY) - Axis Max Life Insurance New Business Margin 23.2% vs 20.1% (▲315bps) - Axis Max Life Insurance Policyholder Opex to GWP Ratio 16.0% vs 17.8% (▼185bps)

- Q1 FY27 Consolidated Revenue ₹14,969.51Cr vs ₹12,821.65Cr (▲16.75% YoY) - EBITDA ₹166.85Cr vs ₹118.59Cr (▲40.70% YoY) - PAT ₹118.29Cr vs ₹86.98Cr (▲36.00% YoY) - EBITDA Margin 1.11% vs 0.92% (▲19bps) - Company received a Show Cause Notice from SEBI regarding alleged non-compliances with SEBI regulations, for which no financial impact has been given in these results.

- Q1 FY27 Consolidated Revenue ₹14,969.51Cr vs ₹12,821.65Cr (▲16.8% YoY) - EBITDA ₹166.85Cr vs ₹118.59Cr (▲40.7% YoY) - PAT ₹118.29Cr vs ₹86.98Cr (▲36.0% YoY) - EBITDA Margin 1.11% vs 0.92% (▲19bps) - The company has received a Show Cause Notice from SEBI alleging non-compliances with certain provisions of the SEBI Act and other regulations, with the outcome pending.