Max India has informed that the Nomination and Remuneration Committee of the Company today approved the allotment of 221,500 equity shares of Rs 2 each of the Company for cash towards the exercise of vested stock options under the ESOP Scheme of the Company. Arising from the above allotment, the paid-up equity share capital of the Company stood increased to Rs 53,77,74,096 comprising of 26,88,87,048 equity shares of Rs 2 each as of December 19, 2019.
The above information is a part of company’s filings submitted to BSE.
