{"id":96797,"date":"2023-03-23T10:30:00","date_gmt":"2023-03-23T05:00:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=96797"},"modified":"2023-03-23T10:20:12","modified_gmt":"2023-03-23T04:50:12","slug":"biz-max-financial-shares","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-max-financial-shares\/","title":{"rendered":"Max Financial Services&#8217; promoter entity sells shares worth Rs 94 crore"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3545132233\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>A promoter entity of Max Financial Services Ltd (MFSL) on Wednesday offloaded the company&#8217;s shares worth Rs 94 crore through an open market transaction.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2569273728\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>MFSL is the holding firm for Max Life Insurance company.<\/p><p>According to the block deal data available with the National Stock Exchange (NSE), Max Ventures Investment Holdings sold 14,99,997 shares of MFSL.<\/p><p>The shares were disposed of at an average price of Rs 629.75 apiece, taking the aggregate value to Rs 94.46 crore.<\/p><div class=\"trade-content_5\" id=\"trade-1002574909\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>These shares were acquired by New York Life Insurance Company at the same price.<\/p><p>On Wednesday, shares of Max Financial Services closed 2.87 per cent higher at Rs 647.80 apiece on the NSE. PTI HG RAM<\/p><div class=\"trade-after-content\" id=\"trade-627569916\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>A promoter entity of Max Financial Services Ltd (MFSL) on Wednesday offloaded the company&#8217;s shares worth Rs 94 crore through an open market transaction. MFSL is the holding firm for Max Life Insurance company. According to the block deal data available with the National Stock Exchange (NSE), Max Ventures Investment Holdings sold 14,99,997 shares of [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":81130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-96797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Max Financial Services&#039; promoter entity sells shares worth Rs 94 crore - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"A promoter entity of Max Financial Services Ltd (MFSL) on Wednesday offloaded the company&#039;s shares worth Rs 94 crore through an open market transaction.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-max-financial-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Max Financial Services&#039; 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