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IRDAI approves Mitsui Sumitomo's Max Life stake swap with MFSL

Updated : November 28, 2020 09:52 PM IST

Upon consummation, this will effectively result in MFSL's stake in Max Life increasing to 93.10 percent.
Presently, MFSL holds 72.5 percent stake in Max Life and Mitsui Sumitomo Insurance (MSI) owns 25.5 percent stake.
IRDAI approves Mitsui Sumitomo's Max Life stake swap with MFSL

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