Pursuant to Regulations 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, Max India has informed that the Nomination and Remuneration Committee of the Company, on June 7, 2021, had approved the grant of 182,142 Stock Options to one of the key Employees of Antara Senior Living, a Wholly Owned Subsidiary Company of the Company under Max India -Employee Stock Option Plan-2020. Each Stock option entitles the option-holder one equity share of face value of Rs 10 each at the Grant Price is Rs 73.30 per Option which shall vest with the Option-holder on June 7, 2025. The exercise period shall be 5 years from the Vesting Date.
The above information is a part of company’s filings submitted to BSE.
