Max Healthcare Institute Limited has informed the Exchange regarding allotment of Equity Shares under Max Healthcare Institute Limited - Employee Stock Option Scheme 2020.
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Max Healthcare Institute Limited has allotted 4,790 equity shares of ₹10 face value each to an eligible employee who exercised vested stock options under the Max Healthcare Institute Limited - Employee Stock Option Scheme 2020. The allotment was approved by the Nomination & Remuneration Committee on May 11, 2025. Following this, the total paid-up equity share capital rose from ₹972,14,20,530 (97,21,42,053 shares) to ₹972,14,68,430 (97,21,46,843 shares). The shares were issued at ₹10 each with no premium, are identical to existing equity shares, and carry no lock-in. The company has confirmed this allotment is not material in nature under SEBI disclosure rules.
This is a routine, very small ESOP allotment with negligible dilution (less than 0.005% increase in share count). No meaningful impact on shareholders or stock price is expected.