Key Quantitative Figures
Niche Ninety Nine Capability and Certifications (OPC) Private Limited ("Niche") has assigned an ESG Rating of "71" to Max Financial Services Limited. The rating is on a scale of 0-100, where 100 is the highest and 0 is the lowest.
Dates of Action
- The rating intimation was received by the company from BSE Limited via email on September 17, 2026, at 06:52 P.M.
- The company reviewed the rating report on Friday, September 18, 2026.
- The disclosure letter is dated September 18, 2026.
Parties Involved
- Rated Entity: Max Financial Services Limited (Scrip Code: 500271, Symbol: MFSL)
- Rating Provider: Niche Ninety Nine Capability and Certifications (OPC) Private Limited ("Niche")
- Intermediary: BSE Limited, which forwarded the rating intimation to the company.
- Regulatory Reference: The disclosure is made under SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Purpose & Rationale
The rating reflects the company's performance on Environmental, Social, and Governance (ESG) parameters as assessed by Niche. The company is voluntarily disclosing this information in line with principles of good governance for wider dissemination to stakeholders.
Important Contextual Note
The company clarifies that it has not engaged Niche for this ESG rating. The rating was independently prepared by Niche based on data available in the public domain.
Submitted By
The disclosure was signed off by Siddhi Suneja, Company Secretary & Compliance Officer of Max Financial Services Limited.