FilingReader Intelligence
Max Financial faces sexual harassment complaints, tax penalty
August 25, 2025 at 09:39 AM UTC•By FilingReader AI
Max Financial Services and its subsidiary Axis Max Life Insurance reported 35 sexual harassment complaints for FY25, with 14 upheld.
The company also disclosed a penalty of INR 100,000 under the Income Tax Act for 2021 and 2022, which is currently under appeal.
The disclosures were made in the company's Business Responsibility and Sustainability Report for the fiscal year ended March 31, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:MFSL•Bombay Stock Exchange
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