Max Estates Limited — Important, 08-08-2025: Updates

Max Estates has granted 52,966 stock options to employees under its ESOP Plan 2023. This strategic move aims to boost talent retention and align employee performance with long-term company growth. Each option is convertible into one equity share, exercisable at ₹230. The options vest 25% annually over four years, with a two-year window to exercise after each tranche vests. This development reflects the company's focus on reinforcing its human capital and operational incentives.