Max India has informed that the Nomination and Remuneration Committee of the Company on November 10, 2017 approved allotment of 6,348 equity shares of Rs 2 each of the Company at an exercise price of Rs 2 per equity share for cash to Mohit Talwar, Managing Director of the Company arising from the exercise of Stock Options granted by the Company.
The above information is a part of company’s filings submitted to BSE.