Max Financial Services Limited — AGM Information 2021

Sep 23, 2021

September 23, 2021

BSE Limited Phiroze Jeejeebhoy Towers Dalai Street Mumbai — 400 021

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East) Mumbai — 400 051

Scrip Code: 500271

Scrip Code: MFSL

Dear Sir/Madam,

Sub: Proceedings of the 33rd Annual General Meeting of the Company

In terms of Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015, we enclose a summary of the proceedings of the 33rd Annual General Meeting (AGM) of Max Financial Services Limited held on September 23, 2021 through Video Conferencing ("VC") between 1100 hrs and 1126 hrs.

We request you to take the aforesaid on record.

Thanking you,

Yours faithfully \OS For Max Financial Services Limited

V. Krishnan xtik Company Secretary and Compliance Officer

Encl: As above

Summary of the proceedings of the Thirty-third Annual General Meeting of Max Financial Services Limited held on Thursday, September 23, 2021

The Thirty-third Annual General Meeting (AGM) of Max Financial Services Limited was convened at 1100 hrs. on Thursday, September 23, 2021 through Video Conferencing ("VC") and concluded at 1126 hrs.

• Mr. Analjit Singh, Chairman of the Company, chaired the meeting. The business before the Meeting was taken up as the quorum was present, which remained present throughout the meeting. He informed that in compliance with circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India, the AGM was convened through VC/OAVM without the physical presence of members at a common venue.
• Mr. Analjit Singh, Chairman of the meeting, addressed the shareholders and briefed on the business operations of the Company and other initiatives.
• The Chairman then covered the items of Ordinary and Special Business before the meeting, as listed under serial nos. 1 to 4. As the meeting was convened through VC / OAVM and as the resolutions were already been put to vote through remote e-voting, the requirement to propose and second the resolutions was not applicable, He gave the opportunity to the members to ask questions/ seek clarifications on the agenda items and the queries/clarifications of the shareholders registered as speaker were responded.
• Facility of casting votes by remote e-voting was provided to the members from Sunday, September 19, 2021 at 9.00 am to Wednesday, September 22, 2021 at 5.00 pm. Those members who were not in a position to participate in the remote e-voting facility and who were present in the AGM, through Video Conferencing ("VC"), were provided facility of casting their votes through e-voting only.

The following items of Ordinary and Special Business were transacted as per the Notice of the AGM:

S. No.	Particulars	Type of Resolution
1.	To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2021, together with the Reports of the Board of Directors and Auditors thereon.	Ordinary
2.	To receive, consider and adopt the audited consolidated financial statements of the Company and its subsidiary for the year ended March 31, 2021 and the Report of the Auditors thereon.	Ordinary
3.	To appoint Mr. Sahil Vachani (DIN: 00761695), who retires by rotation and being eligible offers himself for re-appointment, as a Director.	Ordinary

O.

Special Business
4.	Appointment of Mr. K. Narasimha Murthy (DIN: 00023046) as an Independent Director for a term of 5 consecutive years with effect from March 30, 2021 up to March 29, 2026	Ordinary

The Chairman announced that the results of voting shall be announced within two working days of conclusion of meeting. He further stated that the results of voting will be displayed at the Registered Office of the Company and placed on Company's website www.maxfinancialservices.com and the website of NSDL and communication of the same shall also be sent to BSE Limited and National Stock Exchange of India Limited.

He thanked the members for attending the meeting, through Video Conferencing.

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