Max Estates allotted 37,274 equity shares under its Employee Stock Option Plan 2023 on May 12, 2026.
The Nomination and Remuneration Committee approved the share allotment, increasing the company's paid-up capital.
Paid-up equity share capital rose from ₹163.45 crore to ₹163.49 crore following the ESOP exercise.
This is a regulatory disclosure under SEBI Listing Regulations (Regulation 30) for investor information.