Max India Ltd grants of 25394 Stock Options

The Nomination and Remuneration Committee of Max India Ltd on November 9, 2016, granted 25,394 Stock Options to Mr. Mohit Talwar, Managing Director of the Company under the Max India Employee Stock Plan - 2016. The aforesaid Options entitle Mr. Mohit Talwar one equity share of Rs.2/- each for cash at par for every one Option exercised. The said Options will be vested with Mr. Talwar in a graded manner over a period of four years.

Shares of MAX INDIA LTD. was last trading in BSE at Rs.572.1 as compared to the previous close of Rs. 553.75. The total number of shares traded during the day was 28663 in over 2008 trades.

The stock hit an intraday high of Rs. 579.75 and intraday low of 559.55. The net turnover during the day was Rs. 16407222.

Source : Equity Bulls

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