Max Healthcare Institute Limited — Others, 29-01-2025: ESOP/ESOS/ESPS

Max Healthcare Institute Limited's Nomination and Remuneration Committee has approved the grant of 3,22,000 stock options to eligible employees under the Employee Stock Option Scheme 2022. This includes 1,72,000 options at ₹350 per share and 1,50,000 options at ₹900 per share, each convertible into fully paid-up equity shares with a face value of ₹10. The options will vest over 1 to 5 years, with a subsequent exercise period of 3 years post-vesting.

This strategic move aims to enhance employee retention and align their interests with the company's performance. Investors may view this as a positive outlook for employee motivation but should consider the potential dilution of shares.