Max Healthcare Institute Limited has informed the Exchange regarding allotment of Equity Shares under Max Healthcare Institute Limited - Employee Stock Option Scheme 2022
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Max Healthcare Institute has allotted 2,32,104 equity shares (face value ₹10 each) to eligible employees under the company's Employee Stock Option Scheme 2022, following the exercise of vested stock options. Of these, 2,28,104 shares were issued at ₹350 per share and 4,000 shares at ₹700 per share. Consequently, the company's paid-up equity share capital has risen from ₹972.77 crore (97,27,69,354 shares) to ₹973.00 crore (97,30,01,458 shares). The allotment was approved by the Nomination & Remuneration Committee on January 2, 2026. The company has stated that this allotment is not material in nature under SEBI Listing Regulations.
This is a routine ESOP exercise resulting in a marginal dilution of about 0.024% to existing shareholders. The company itself has classified this as non-material, so no significant impact on share price is expected.