Shareholders meeting

July 6, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street Bandra (East) Mumbai – 400 021 Mumbai – 400 051 Scrip Code: 500271 Symbol: MFSL Dear Sir/Madam, Sub: Declaration of Postal Ballot Results with respect to Postal Ballot Notice dated May 12, 2026 This is with reference to our earlier letter dated June 5, 2026, informing Stock Exchanges that the Company is seeking approval of the members by way of Special / Ordinary Resolutions through Postal Ballot as per details given below: 1. Approval for extension of tenure of Mr. V. Krishnan as ‘Manager’ of the Company (Special Resolution); and 2. Approval for regularisation of the appointment of Mr. Toru Nakabayashi (DIN: 11703177) as a Non-executive Director (Ordinary Resolution); Basis the report of Scrutinizer, we would like to inform you that the Members of the Company have accorded their approval on July 5, 2026, with the requisite majority for the Resolutions mentioned above. In this regard, please find attached the Scrutinizer's Report dated July 6, 2026, issued by M/s. Sanjay Grover & Associates, Company Secretaries for your kind information. We request you to take the aforesaid on record and arrange to disseminate the same for the information of the public. Thanking you, Yours faithfully For Max Financial Services Limited Siddhi Suneja Company Secretary & Compliance Officer Encl: as above MAX FINANCIAL SERVICES LIMITED CIN: L24223HR1988PLC145368 Corporate Office: L20M(21), Max Towers, Plot No. C-001/A/1, Sector-16B, Noida- 201301 P: + 91 120 4696000 I E-mail: investorhelpline@maxfinancialservices.in I Website: www.maxfinancialservices.com Regd. Office: Plot No. 90-C, Sector-18, Urban Estate, Gurugram, Haryana-122015 SANJAY GROVER & ASSOCIATES COMPANY SECRETARIES B-88, 1st Floor, Defence Colony, New Delhi - 110 024 Tel.: (011) 4679 0000, Fax: (011) 4679 0012 e-mail: contact®cssanjaygrover.in Website: www.cssaniavgrover.in Scrutinizer's Report [Pursuant to Section 108 and 110 of the Companies Act, 2013 (`the Act') read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 (`the rules') read with General Circulars issued by the Ministry of Corporate Affairs (`MCA Circulars') from time to time and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (`Listing Regulations')] The Company Secretary MAX FINANCIAL SERVICES LIMITED (CIN: L24223HR1988PLC145368) Plot No. 90-C. Sector — 18, Urban Estate, Gurugram — 122015 - Haryana Dear Ma'am, I, Kapil Dev Taneja (FCS No. 4019, C.P. No.: 22944), Partner of M/s Sanjay Grover & Associates, Company Secretaries, having office at B-88, First Floor, Defence Colony, New Delhi-110024, was appointed as Scrutinizer by the Board of Directors of the Company on May 12, 2026, for the purpose of scrutinizing voting through electronic mode in the Postal Ballot process in a fair and transparent manner under the provisions of Sections 108 and 110 of the Act read with the applicable rules made thereunder and read with MCA Circular Nos. 14/2020, 17/2020, 22/2020, 33/2020, 39/2020, 10/2021, 20/2021, 03/2022, 11/2022, 09/2023, 09/2024 along with the latest circular being 03/2025 dated April 08, 2020, April 13, 2020, June 15, 2020, September 28, 2020, December 31, 2020, June 23, 2021, December 8, 2021, May 5, 2022, December 28, 2022, September 25, 2023, September 19, 2024, September 22, 2025 respectively and other applicable MCA Circulars and Regulation 44 of the Listing Regulations, Secretarial Standard 2 on General Meetings (SS-2) issued by the Institute of Company Secretaries of India and other applicable laws and regulations (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force) in respect of the following resolutions as mentioned in the Notice of Postal Ballot dated May 12, 2026 (`Notice') : S r. Type of Resolution Particulars N o. Approval for extension of tenure of Mr. V. Krishnan as `Manager' of the Company in terms of the provisions of Section 196, 197 and 203 read with Schedule V and other I. Special Resolution applicable provisions of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Approval for regularisation of the appointment of Mr. Toru 2. Ordinary Resolution Nakabayashi (DIN: 11703177) as a Non- Executive Director mit my report as under: Page 1 of 7 SANJAY GROVER & ASSOCIATES 1. As informed by the Company, Postal Ballot Notice along with explanatory statement and remote e-voting instructions were sent to all those Members, whose e-mail address were registered with the Company or the Depository(ies)/ Depository Participants (`DP') or Registrar and Share Transfer Agent (the `RTA') and whose names appeared in the Register of Members of the Company/ List of Beneficial Owners as on May 29, 2026 (`Cut-off Date'). 2. The management of the Company is responsible to ensure compliance with the requirements of the Act and the Rules thereof including MCA Circulars/ Listing Regulations in respect of the resolutions contained in the Postal Ballot Notice including dispatch of notice to the Members. My responsibilities as a Scrutinizer is restricted to make & submit a Scrutinizer's Report of the votes cast in `Favour' or `Against' the resolutions contained in the Postal Ballot Notice, based on the reports generated from the e-voting system provided by National Securities Depository Limited (`NSDL'). 3. The Company has published an advertisement on June 06, 2026 regarding service of Postal Ballot Notice to eligible Members in English language newspaper "Business Standard", all editions and in vernacular newspaper "Punjab Kesari", Delhi/NCR edition. 4. The Members of the Company holding equity shares as on Cut-off date were entitled to vote on the resolutions as contained in the Postal Ballot Notice and could vote through remote e-voting facility in compliance of the MCA Circulars. Members were provided with the facility to cast their votes on the designated platform of NSDL viz. `https://www.evoting.nsdl.com/' (`website'). 5. The remote e-voting commenced on Saturday, June 06, 2026, at 09:00 A.M. (IST) and ended on Sunday, July 05, 2026 at 05:00 P.M. (IST). Further, the remote e-voting process was monitored through the Scrutinizer's secured link provided by NSDL through its website. 6. The remote e-voting was unblocked on July 05, 2026 after 05:00 P.M. (IST) in the presence of two witnesses i.e. Mr. Harshit Saxena and Mr. Vipin Dhameja who were not in the employment of the Company and have signed below: 1' '4V Haisliti Saxena Vipin Dhameja 7. The particulars of remote e-voting report generated from electronic registry of NSDL have been entered in a separate register maintained for this purpose. E-votes cast upto 05:00 P.M. (IST) on July 05, 2026 are considered for the purpose of this report. 8. The remote e-voting was scrutinized and reconciled with the Register of Members/Register of Beneficial Owners maintained by Depositories / RTA of the Company. 9. The total paid-up share capital of the Company as on "Cut-off date" i.e. Friday, May 29, 2026, was INR 69,02,29,542/- (Indian Rupees Sixty-Nine Crores Two Lakhs Twenty-Nine Thousand Five Hundred and Forty-Two Only) divided into 34,51,14,771 (Thirty-Four Crores Fifty-One Lakhs Fourteen Thousand Seven Hundred and Seventy-One Only) equity shares of Rs. 2/- (Rupees Two Only) each. ER 4 C, sults of the remote e-voting in respect to all the resolutions contained in the Notice are as Page 2 of 7 SANJAY GROVER & ASSOCIATES I. To consider and if thought fit, to pass the following resolution as a Special Resolution for extension of tenure of Mr. V. Krishnan as `Manager' of the Company in terms of the provisions of Section 196, 197 and 203 read with Schedule V and other applicable provisions of Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, [Showing first 8,000 characters — download PDF for full document]