Shareholding Pattern: Shareholding Pattern Max Financial Services FY(Q1-Jun 2024-2025)

Shareholder Name	Previous Quater Quantity(In Crores)	Current Quater Quantity(In Crores)	Previous Quater Shares(in %)	Current Quater Shares(in %)	Quater to Quater Difference
Promoters	2.25	2.25	6.52	6.52	0
Public	32.26	32.26	5.85	6.14	+0.29 %
DII	13.78	14.06	39.92	40.74	+0.82 %
FII	16.47	16.08	47.71	46.6	-1.11 %
Government	0	0	0	0	0

Promoters shareholding remained stable, at 6.52% in both March 2024 and June 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 5.85% in March 2024 to 6.14% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 39.92% in March 2024 to 40.74% in June 2024 , indicating that domestic institutions increased their stake in the company by 0.82% . FIIs (Foreign Institutional Investors) shareholding decreased from 47.71% in March 2024 to 46.6% in June 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	1.360	1.421	3.94	4.12	+ 0.18 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.140	0.143	0.4	0.42	+ 0.02 %
Bodies Corporate	0.177	0.192	0.51	0.56	+ 0.05 %
Any Other (specify)	0.158	0.177	0.46	0.51	+ 0.05 %
Unclaimed or Suspense or Escrow Account	0.006	0.004	0.02	0.01	-0.01 %
Trusts	0.150	0.171	0.43	0.5	+ 0.07 %
Clearing Members	0.002	0.002	0.01	0	-0.01 %

Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.18 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.05 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.05 %.Observations show a significant difference of -0.01 % in Unclaimed or Suspense or Escrow Account’s financial performance between quarters.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.07 %.Observations show a significant difference of -0.01 % in Clearing Members’s financial performance between quarters.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Mutual Funds/	11.937	11.971	34.59	34.69	+ 0.1 %
MIRAE ASSET BALANCED ADVANTAGE FUND	0	0.873	0	2.53	+2.53%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND	2.022	2.066	5.86	5.99	+ 0.13 %
KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY FINANCIAL SERVICES EX-BANK INDEX FUND	0	1.086	0	3.15	+3.15%
HDFC MUTUAL FUND – HDFC NIFTY MIDCAP 150 INDEX FUND	2.375	2.826	6.88	8.19	+ 1.31 %
CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MID CAP FUND	0.416	0.374	1.2	1.08	-0.12 %
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C – ADITYA BIRLA SUN LIFE MULTI ASSET ALLOCATION FUND	0	0.858	0	2.49	+2.49%
DSP ARBITRAGE FUND	0.508	0.739	1.47	2.14	+ 0.67 %
ICICI PRUDENTIAL NIFTY FINANCIAL SERVICES EX-BANK ETF	0.955	0.891	2.77	2.58	-0.19 %
Alternate Investment Funds	0.175	0.209	0.51	0.61	+ 0.1 %
Banks	0.000	0.002	0	0.01	+ 0.01 %
Insurance Companies	1.664	1.872	4.82	5.42	+ 0.6 %
TATA AIA LIFE INSURANCE COMPANY LIMITED A/C RISING INDIA FUND (ULIF 073 17/01/24 RIF 110)	0	0.433	0	1.26	+1.26%
HDFC LIFE INSURANCE COMPANYLIMITED -SHAREHOLDERS SOLVENCY MARGIN ACCOUNT	0.746	0.834	2.16	2.42	+ 0.26 %
Provident Funds/ Pension Funds	0	0.004	0	0.01	+0.01%
MIRAE ASSET FLEXI CAP FUND	1.698	0	4.92	0	-4.92%
INVESCO INDIA AGGRESSIVE HYBRID FUND	0.350	0	1.01	0	-1.01%
KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK HEALTHCARE FUND	1.110	0	3.22	0	-3.22%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE MULTI-CAP FUND	0.544	0	1.58	0	-1.58%
TATA AIA LIFE INSURANCE COMPANY LIMITED A/C FLEXI GROWTH FUND ULIF 068 25/04/23 FGF 110	0.416	0	1.21	0	-1.21%

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.1 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND, reflecting an uptick of 0.13 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for HDFC MUTUAL FUND – HDFC NIFTY MIDCAP 150 INDEX FUND, reflecting an uptick of 1.31 % in their shares.CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MID CAP FUND decreased their stake from 1.08% in the previous quarter to 1.2% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.12 %.The latest quarter saw a considerable enhancement in stakeholding for DSP ARBITRAGE FUND, reflecting an uptick of 0.67 % in their shares.ICICI PRUDENTIAL NIFTY FINANCIAL SERVICES EX-BANK ETF decreased their stake from 2.58% in the previous quarter to 2.77% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.19 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.1 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Banks, reflecting an uptick of 0.01 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.6 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for HDFC LIFE INSURANCE COMPANYLIMITED -SHAREHOLDERS SOLVENCY MARGIN ACCOUNT, reflecting an uptick of 0.26 % in their shares.MIRAE ASSET BALANCED ADVANTAGE FUND had no shares in the previous quarter but now holds 2.53% of shares in the current quarter.KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY FINANCIAL SERVICES EX-BANK INDEX FUND had no shares in the previous quarter but now holds 3.15% of shares in the current quarter.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C – ADITYA BIRLA SUN LIFE MULTI ASSET ALLOCATION FUND had no shares in the previous quarter but now holds 2.49% of shares in the current quarter.TATA AIA LIFE INSURANCE COMPANY LIMITED A/C RISING INDIA FUND (ULIF 073 17/01/24 RIF 110) had no shares in the previous quarter but now holds 1.26% of shares in the current quarter.Provident Funds/ Pension Funds had no shares in the previous quarter but now holds 0.01% of shares in the current quarter.MIRAE ASSET FLEXI CAP FUND had 4.92% of shares in the previous quarter but exited in the current quarter.INVESCO INDIA AGGRESSIVE HYBRID FUND had 1.01% of shares in the previous quarter but exited in the current quarter.KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK HEALTHCARE FUND had 3.22% of shares in the previous quarter but exited in the current quarter.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE MULTI-CAP FUND had 1.58% of shares in the previous quarter but exited in the current quarter.TATA AIA LIFE INSURANCE COMPANY LIMITED A/C FLEXI GROWTH FUND ULIF 068 25/04/23 FGF 110 had 1.21% of shares in the previous quarter but exited in the current quarter.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Foreign Portfolio Investors Category I	8.788	8.409	25.46	24.37	-1.09 %
KOTAK FUNDS – INDIA MIDCAP FUND	0.759	0.631	2.2	1.83	-0.37 %
NEW YORK LIFE INSURANCE COMPANY	0.615	0.389	1.78	1.13	-0.65 %
KUWAIT INVESTMENT AUTHORITY FUND F238	0.384	0.441	1.11	1.28	+ 0.17 %
WF ASIAN SMALLER COMPANIES FUND LIMITED	0.693	0.820	2.01	2.38	+ 0.37 %
Foreign Portfolio Investors Category II	0.132	0.128	0.38	0.37	-0.01 %
NEW WORLD FUND INC	0.435	0	1.26	0	-1.26%

Stakeholding dwindled by -1.09 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.37 % for KOTAK FUNDS – INDIA MIDCAP FUND in comparison to the preceding quarter.Stakeholding dwindled by -0.65 % for NEW YORK LIFE INSURANCE COMPANY in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for KUWAIT INVESTMENT AUTHORITY FUND F238, which experienced a significant increase of 0.17 % .During this past quarter, there was a noteworthy upswing in stakeholding for WF ASIAN SMALLER COMPANIES FUND LIMITED, which experienced a significant increase of 0.37 % .Stakeholding dwindled by -0.01 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.NEW WORLD FUND INC had 1.26% of shares in the previous quarter but exited in the current quarter.