Announced Mon, 6 Jul · 18:56 IST
Max Estates allots 16,140 shares under ESOP Plan 2023
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MAXESTATES · price
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Price reaction · full curve 14 horizons · vs prior close
-7.3%1-day move
₹468.80
prior close
₹470.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.0-0.4-1.2-7.3-6.2-3.9-5.0-8.0-11.4————
Up moveDown movePending
AI summary
Max Estates allotted 16,140 equity shares (face value INR 10) to employees who exercised stock options under the ESOP Plan 2023. The Nomination and Remuneration Committee approved this on July 6, 2026. Paid-up equity capital rose from INR 163.50 crore to INR 163.51 crore, taking total shares to 16,35,13,410. This is a routine ESOP allotment disclosure with minor dilution.
Likely market impact
Routine ESOP allotment; minor dilution from new shares issued to employees.