Max India Ltd grants 61200 options

The Nomination and Remuneration Committee of Max India Ltd on March 30, 2018 granted 61,200 Stock Options to Mr. Mohit Talwar, Managing Director of the Company under the Max India Employee Stock Plan - 2016 with effect from April 1, 2018.

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 two years from April 1, 2019.

Shares of Max India Ltd was last trading in BSE at Rs.84.7 as compared to the previous close of Rs. 83.35. The total number of shares traded during the day was 3052 in over 60 trades.

The stock hit an intraday high of Rs. 85.65 and intraday low of 84.55. The net turnover during the day was Rs. 259544.

Source : Equity Bulls

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