Max Healthcare Institute Limited's Nomination and Remuneration Committee (NRC), in its meeting held on October 30, 2026, approved the grant of 95,000 stock options to eligible employees under the Max Healthcare Institute Limited - Employee Stock Option Scheme 2022 (MHIL ESOP - 2022).
Key Details:
- Total Options Granted: 95,000 stock options
- Face Value: ₹10 per share
- Exercise Price: ₹800 per stock option
- Conversion: Each stock option is convertible into one fully paid-up equity share
- Total Shares Covered: 95,000 equity shares
Vesting and Exercise Terms:
- Vesting Schedule: Options vest subject to fulfillment of pre-vesting conditions, not earlier than 1 year and not later than 5 years from the date of grant
- Exercise Period: 3 years from the respective date of vesting of stock options
Regulatory Compliance:
- The scheme is in compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Additional Information:
- The NRC meeting commenced at 10:31 am IST and concluded at 10:48 am IST on October 30, 2026
- The disclosure will be hosted on the company's website at www.maxhealthcare.in
- Signed by Dhiraj Aroraa, EVP - Company Secretary and Compliance Officer
Note: Fields regarding options exercised, money realized, shares arising from exercise, options lapsed, variation of terms, and diluted EPS were not applicable or not provided in this disclosure.