ESOP30 Oct 2026, 10:59 am
Max Healthcare Grants 95,000 Stock Options
AI Summary
Max Healthcare Institute Ltd announced the grant of 95,000 stock options to eligible employees under its Employee Stock Option Scheme 2022. The Nomination and Remuneration Committee approved the grant on October 30, 2026. Each option is convertible into one equity share of face value ₹10. The exercise price is set at ₹800 per option. Vesting is subject to pre-vesting conditions, occurring between 1 to 5 years from the grant date. Options can be exercised within 3 years from their respective vesting dates. This move aims to incentivize and retain key employees.
Key Highlights
- 95,000 stock options granted to employees.
- Exercise price set at ₹800 per option.
- Vesting period: 1-5 years from grant date.
- Exercise window: 3 years post-vesting.
- Scheme aligns with SEBI (Share Based Employee Benefits) Regulations, 2021.
Price Impact
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