Max Ventures and Industries has informed that Nomination & Remuneration Committee of the Company has, on October 18, 2021, approved allotment of 93,671 Equity Shares of face value of Rs 10 each of the Company at a premium of Rs 2.90 per share to the option holders arising from the exercise of Stock Options granted to employees under ‘Max Ventures and Industries Employee Stock Plan-2016’ of the Company. Consequent to the aforesaid allotment, the paid-up equity share capital of the Company stands increased from Rs 1,46,71,99,990 to Rs 1,46,81,36,700 comprising of 14,68,13,670 equity shares of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.
