The Exchange has sought clarification from the Company with respect to news item captioned "Max Financial Services declines below 8%; impact of delay in Max Life merger". In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information that has not been announced s under regulation 30 of Listing Regulations. The response from the Company is awaited.