Max Financial Services Ltd. Latest Shareholding Pattern - Promoter, FII, DII, Mutual Fund holding

Max Financial Services Ltd. shareholding pattern - Promoter holding and pledges, FII, DII, Mutual Fund holding change for the latest quarter.

Quarter Ending

Summary	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022
Promoter	1.7%	1.7%	1.7%	3.3%	3.3%	6.5%	6.5%	6.5%	6.5%	10.2%	10.2%	11.5%
Holding	1.7%	1.7%	1.7%	3.3%	3.3%	6.5%	6.5%	6.5%	6.5%	10.2%	10.2%	11.5%
Pledged	0.0%	0.0%	28.67%	0.0%	0.10%	72.64%	69.15%	59.57%	58.68%	93.31%	85.05%	92.96%
Locked	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
FII	44.8%	44.7%	44.8%	47.5%	46.2%	46.6%	47.7%	50.9%	51.5%	48.5%	47.7%	44.8%
DII	47.3%	47.3%	47.3%	42.7%	44.0%	40.7%	39.9%	36.9%	35.1%	34.3%	34.1%	36%
Mutual Funds	38.66%	39.24%	39.88%	34.95%	36.50%	34.69%	34.59%	31.93%	30.27%	30.19%	29.78%	32.26%
Banks	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Insurance	6.56%	6.25%	5.84%	6.23%	6.19%	5.42%	4.82%	4.13%	3.79%	3.09%	3.01%	2.63%
Others	2.04%	1.80%	1.57%	1.51%	1.30%	0.63%	0.51%	0.83%	1.03%	1.06%	1.27%	1.11%
Public	6.2%	6.3%	6.2%	6.5%	6.4%	6.1%	5.8%	5.7%	6.9%	7.1%	8.1%	7.7%
Others	0.0%	0.0%	0.0%	0%	0.0%	0%	0.0%	0.0%	0%	0%	0%	0.0%

Holding Sep 2025		Holding Jun 2025		Holding Sep 2024		History
%	shares	%	shares	%	shares	History
1.71	5,916,256	1.74	6,016,256	3.34	11,516,256

Name	Holding Sep 2025		No of holders	Indian/Foreign	History
Name	%	shares	No of holders	Indian/Foreign	History
Individuals / Hindu Undivided Family	0.09	320,333	3	Indian
Analjit singh	0.03	110,000	-	Indian
Tara singh vachani	0.03	100,000	-	Indian
Piya singh	0.03	110,333	-	Indian
Any Other (specify)	1.62	5,595,923	1	Indian
Max ventures investment holdings private limited	1.62	5,595,923	-	Indian

Holding Sep 2025		Holding Jun 2025		Holding Sep 2024		History
%	shares	%	shares	%	shares	History
92.04	317,651,245	92.00	317,528,677	90.22	311,409,037

Name	Holding Sep 2025		No of holders	History
Name	%	shares	No of holders	History
Mutual Funds	38.66	133,413,570	36
Hdfc mutual fund - hdfc nifty large midc ap 250 index fund	9.08	31,348,731	-
Nippon life india trustee ltd a/c nifty 500 low volatility 50 index fund	5.64	19,465,206	-
Icici prudential quality fund	3.40	11,736,505	-
Dsp business cycle fund	2.93	10,118,285	-
Kotak mahindra trustee co ltd a/c kotak nifty alpha 50 index fund	2.93	10,111,549	-
Sbi nifty200 momentum 30 index fund	2.36	8,158,669	-
Aditya birla sun life trustee p ltd a/c - aditya birla sun life bse 500 mom 50	1.83	6,331,452	-
Uti quant fund	1.38	4,773,668	-
Invesco india arbitrage fund	1.09	3,744,892	-
Foreign Portfolio Investors Category I	21.88 *	75,498,163	307
Smallcap world fund, inc	2.52	8,692,157	-
Vanguard total international stock index fund	1.10	3,796,957	-
Kotak funds - india midcap fund	1.10	3,809,000	-
Polar capital funds plc - emerging marke t stars fund	1.05	3,629,452	-
Foreign Portfolio Investors Category II	1.04 *	3,590,598	22
Vanguard emerging markets stock index fund, a series of vanguard intern	1.01	3,476,390	-
Other Financial Institutions	0.00	1,500	2
Banks	0.00	825	2
Insurance Companies	6.56	22,641,358	15
Hdfc life insurance co ltd -shareholders solvency margin account	2.27	7,822,763	-
Sbi life insurance co. ltd	1.72	5,940,785	-
Tata aia life insurance company limited a/c momentum 50 index fund	1.01	3,497,429	-
Foreign Direct Investment	21.86	75,458,088	1
Mitsui sumitomo insurance company limited	21.86	75,458,088	-

Holding Sep 2025		Holding Jun 2025		Holding Sep 2024		History
%	shares	%	shares	%	shares	History
6.24	21,547,270	6.25	21,569,838	6.42	22,189,478

Name	Holding Sep 2025		No of holders	History
Name	%	shares	No of holders	History
Individual share capital in excess of Rs. 2 Lacs	0.37	1,289,075	5
Individual share capital upto Rs. 2 Lacs	4.18	14,432,776	71,659
Any Others (Specify)	0.62	2,134,630	40
Trusts	0.60	2,076,936	-
Clearing members	0.01	20,149	-
Unclaimed or suspense or escrow account	0.01	37,545	-
Bodies Corporate	0.50	1,729,442	1,303
Non Resident Indians (NRIs)	0.32	1,107,940	2,797
Investor Education and Protection Fund (IEPF)	0.25	847,716	1