Max India Limited — Call Transcript 2022

Jul 29, 2022

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MAX INDIA LIMITED

Corporate Office: Level 21, Max Towers, Sector 16B, Noida – 201301

Max India Limited’s Investor & Analyst call on Friday 5[th] August 2022 at 5:00 PM IST

New Delhi, July 29, 2022

Max India Limited is organizing an audio conference call for Investor & Analyst to discuss Q1 FY23 results of Max India Limited. The call is scheduled for Friday, 5[th] August 2022 at 5:00 p.m .

Senior Management team from Max India and Antara will be present on the call.

Dial in details for the call

Details of the conference call are as follows:

Timing : 5:00 PM IST on Friday, August 5, 2022 Pre- Registration :[Diamond Pass] Conference dial-in Primary number :[+91 22 6280 1309 / +91 22 7115 8210 ] Hong Kong Local Access Number : 800 964 448 Singapore Local Access Number : 800 101 2045 UK Local Access Number : 0 808 101 1573 USA Local Access Number : 1 866 746 2133

About Max Group

The Max Group is a leading Indian multi-business conglomerate with a commanding presence in the Life Insurance industry and has ventured into high potential sectors of Senior Care and Real Estate. The Group recorded consolidated revenues of Rs. 32,806 Cr. in FY2022. It has a total customer base of ~3.7 million, around 350 offices spread across India and an employee strength of around 16,000 as on 31st March 2022.

The Max Group comprises three holding companies - Max Financial Services Limited, Max India Limited and Max Ventures & Industries Limited, which are listed on the Indian stock exchanges.

The Group’s investor base includes marquee global financial institutions such as MSI, Ward ferry, New York Life, Baron, GIC, Vanguard, First Voyager, Jupiter, Blackrock, and the Asset Management Companies of DSP, Nippon, HDFC, ICICI Prudential, UTI, Motilal Oswal, Canara Robeco, Sundaram, Aditya Birla Sun Life, Mirae, and Kotak.

About Max India Limited:

Pursuant to Corporate restructuring amongst erstwhile Max India Limited (since dissolved), Max Healthcare Institute Limited, Radiant Life Care Private Limited and Advaita Allied Health Services Limited, the Allied Health and Associated Activities undertaking (comprised of Senior Living and other businesses) was demerged from the erstwhile Max India Limited and vested into the Advaita Allied Health Services Limited effective June 1, 2020. The name of Advaita Allied Health Services Limited was later on changed to Max India Limited (MIL) w.e.f. July 1, 2020.

MIL is the holding company of Max Group’s Senior Care business i.e. Antara Senior Living Limited (Residences for Seniors)’ and Antara Assisted Care Services Limited (Care Homes, Care at Home and MedCare)’

Max India investor list includes: Rajasthan Global Securities, IFC, New York Life, Nomura, TVF and Globe Capital

About Antara:

In 2013, Antara’s launched its first residential community in Dehradun comprises 197 apartments spread across 14 acres of land and only 14 units are left to be sold in the project. The vibrant community of seniors in Dehradun experience a life of security, convenience, lifecare and comprehensive benefit, which is reflected in the high resident satisfaction score of 90%.

In 2020, Antara launched its second community in Sector-150, Noida. With 340 apartments in its first phase of development, it will cater to the social, recreational, educational, wellness, and health-related needs of seniors. It is expected to be ready for possession by 2025.

Antara’s Assisted Care Services include ‘Care Homes’, ‘Care at Home’ and ‘MedCare’ products. This line of business caters to seniors, who need more immersive interventions in their daily lives due to medical or age-related issues. Starting with its first facility in Gurugram, the Care Homes provide long-term care to seniors who require constant medical and nursing supervision, and short-term care services for the recuperation of seniors.

Antara plans to build bed capacity of ~ 2,000 beds in Care Homes over next 5 years. Its Care at Home services provides well-equipped, medically trained professionals offering care to seniors inside their home’s comfort. The MedCare product services vertical is a one-stop platform for the daily medical equipment needs of seniors.

For more information, please visit www.antaraseniorcare.com

For more information on the Company, please visit www.maxindia.com

Investor Contact:

Company: Investor Relations Advisors: Max India Limited Strategic Growth Advisors Pvt. Ltd. CIN: L74999MH2019PLC320039 CIN: U74140MH2010PTC204285 Mr. Ajay Agarwal (Head - Investor Relations) Mr. Rahul Agarwal Mr. Nishant Kumar (Investor Relations) Mr. Aakash Mehta ajay.agrawal@antaraseniorcare.com rahul.agarwal@sgapl.net nkumar@maxindia.com aakash.s.m@sgapl.net +91 120 4954403 / +91 120 4696000 (Extn. 117) +91 9821438864 / +91 9870679263 www.maxindia.com www.sgapl.net