Max India Limited — Important, 16-07-2025: General Updates

Max India Limited has allotted 23,500 new equity shares to eligible employees under its Employee Stock Option Plan. This move increases the company's paid-up capital from ₹52.17 Cr (5.217 Cr shares) to ₹52.19 Cr (5.219 Cr shares). This allotment, at ₹10 face value per share, aligns employee incentives with shareholder value. While it represents a minor increase in total shares outstanding, it reflects continued ESOP program execution.