Max India Ltd Grants 99620 Stock Options

The Remuneration Committee of Max India Ltd on August 19, 2015 granted 99,620 Stock Options to Mr. Rahul Khosla, Managing Director of the Company under the Max Employee Stock Plan - 2003. The aforesaid Options entitle Mr. Rahul Khosla one equity share of Rs.2/- each for cash at par for every one Option exercised. The said Options will be vested with Mr. Khosla in a graded manner over a period of five years.

Shares of MAX INDIA LTD. was last trading in BSE at Rs.544.25 as compared to the previous close of Rs. 543.15. The total number of shares traded during the day was 30003 in over 1374 trades.

The stock hit an intraday high of Rs. 550 and intraday low of 533.5. The net turnover during the day was Rs. 16271970.

Source : Equity Bulls

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