Max Ventures and Industries was formed in January 2016, as the result of a three way demerger of Max India. MaxVIL is the holding company for Max Speciality Films, the Group’s manufacturing arm.
MaxVIL provides undiluted access for investing in Max Group’s manufacturing business and new entrepreneurial ventures.
MaxVIL currently holds 100% stake in Max Speciality Films, which reported a revenues of Rs. 755 crore in FY2015, and EBITDA of Rs. 77 crore, growing 35% over the previous year. With an employee base of over 470 people, MSF is the oldest business in the Max Group’s and has been operational for over 27 years.
Max Ventures and Industries was formed on 15th January 2016 as a result of the three-way demerger of the erstwhile Max India Limited (now renamed as Max Financial Services). All pre- FY2015 Annual Reports pertaining to undivided Max Ventures and Industries Limited can be accessed here
- 12th July 2017:
Max Speciality Films Appoints Ramneek Jain as New CEO
- 06th April 2017:
Max Ventures & Industries Formalizes JV with Toppan Printing, Japan, for Max Speciality Films (MSF)
- 10th February 2017:
MaxVIL to enter into a JV with Toppan Printing, Japan, for Max Speciality Films
- 9 January 2017
Max Ventures & Industries to sell 22.5% stake to a subsidiary of New York Life Insurance Company
- 9 August 2016
Max Venture and Industries debuts with consolidated revenues of Rs. 155 cr. in Q1 FY2016-17
- 21 June 2016
Max Ventures and Industries Limited (MaxVIL) listing tomorrow; to unlock value for Max shareholders
- 12 May 2016
Max Ventures & Industries makes its maiden private equity investment
- 15 JANUARY, 2016:
Leadership Transformation in the Max Group
- 15 JANUARY, 2016:
Max India Concludes 3 Way Demerger to Unlock Value
- 24 December, 2015:
Max India’s Demerger Receives Court Approval
- 26 November, 2015:
Max India announces the Embedded Value (EV) for Max Life at Rs. 5,363 Cr.
- 23 November, 2015:
Bupa to pay Rs. 191 crore to Max India to raise stake in Max Bupa by 23%.
- 28 October, 2015:
Max Healthcare partners Smart Health City to operate and manage South Delhi based Saket City Hospital
- 6 August, 2015:
Max India’s Corporate Restructuring Plan Receives Formal Shareholder Approval