Max India Limited has made a regulatory disclosure to BSE Limited and National Stock Exchange of India Limited regarding the allotment of equity shares under its Employee Stock Option Plan.
Key Transaction Details
- Event Date and Time: August 5, 2026 at 11:59 a.m.
- Approving Authority: Nomination and Remuneration Committee of the Company
- Approval Date: August 5, 2026
- Number of Shares Allotted: 118,222 equity shares
- Face Value: ₹10 per share
- Share Status: Fully paid-up
- Recipients: Eligible employee(s) of the Company/Subsidiary Company(ies)
- Basis: Exercise of vested stock options under the ESOP Plan
Capital Structure Impact
- Pre-allotment Capital: ₹56,20,24,560 (5,62,02,456 Equity Shares of ₹10 each)
- Post-allotment Capital: ₹56,32,06,780 (5,63,20,678 Equity Shares of ₹10 each)
- Capital Increase: ₹11,82,220 (118,222 shares × ₹10 face value)
Additional Information
The disclosure will be hosted on the Company's website at www.maxindia.com.
The communication was signed by Trapti, Company Secretary & Compliance Officer, on August 5, 2026 at 12:37:28.