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 51% 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