Max Healthcare Institute Limited has informed the Exchange regarding grant of options under Max Healthcare Institute Limited - Employee Stock Option Scheme 2022
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Max Healthcare Institute Limited has granted 50,000 stock options to an eligible employee under its Employee Stock Option Scheme 2022 (MHIL ESOP 2022). The grant was approved by the Nomination and Remuneration Committee on March 17, 2026. Each option is convertible into one equity share of ₹10 face value at an exercise price of ₹900. Vesting will happen between 1 and 5 years from the grant date, subject to pre-vesting conditions, and employees will have 3 years from each vesting date to exercise the options. The scheme is compliant with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This is a routine ESOP allotment disclosure with no material impact on existing shareholders. The grant is a small number of shares (50,000) relative to the company's overall size, so dilution impact is negligible. Positive signal for employee retention and alignment with shareholders.