December 22, 2022 | |
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers | Exchange Plaza, Bandra Kurla Complex, |
Dalal Street | Bandra (East) |
Mumbai - 400 021 | Mumbai - 400 051 |
Scrip Code: 500271 | Scrip Code: MFSL |
Dear Sir/Madam, | |
Sub: Increase in Volume |
This is with reference to your letter reference no. NSE/CM/Surveillance/ 12642 dated December 21, 2022 seeking clarifications on significant increase in the volume of shares of the Company across Exchanges, in the recent past.
In this regard, we would like to inform you that the promoter group had monetised 58.85 Lakh shares of the Company at the stock exchanges today to pare down its debt. We further would like to inform you that all information, that have a bearing on the operations of the Company which include all price sensitive information have always been disclosed by the Company within the stipulated time as required under Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations').
We further would like to state that no development has materialised as of date which requires a disclosure by the Company under SEBI LODR Regulations
You are requested to take the aforesaid on record.
Thanking you,
Yours faithfully
for Max Financial Services Limited
V. Krishnan
Company Secretary & Compliance Officer
Encl: As above
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Max Financial Services Limited published this content on 22 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2022 05:21:03 UTC.