ESOP13 Aug 2026, 08:40 am
Max Healthcare Grants 3.6 Lakh Stock Options Under ESOP 2022
AI Summary
Max Healthcare Institute Ltd announced the grant of 3,61,827 stock options to eligible employees under its Employee Stock Option Scheme 2022. The Nomination and Remuneration Committee (NRC) approved the grant on August 13, 2026. The options are split into two tranches: 1,61,827 options at an exercise price of ₹800 per option and 2,00,000 options at ₹350 per option. These options are convertible into equity shares with a face value of ₹10 each. Vesting is subject to pre-vesting conditions and occurs between 1 to 5 years from the grant date, with an exercise window of 3 years post-vesting. The scheme is administered by the NRC.
Key Highlights
- Max Healthcare grants 3,61,827 stock options to employees.
- Options granted under the MHIL ESOP - 2022 scheme.
- Exercise prices set at ₹800 and ₹350 per option.
- Vesting period is 1-5 years from grant date.
- Options exercisable within 3 years post-vesting.
Price Impact
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