Max Financial Services Ltd Grants 29235 Stock Options

The Nomination and Remuneration Committee of Max Financial Services Ltd on April 01, 2016, granted 29,235 Stock Options to Mr. Mohit Talwar, Managing Director of the Company under the Max Employee Stock Plan - 2003. The aforesaid Options entitle Mr. Mohit Talwar one equity share of Rs.2/- each for cash at par for every one Option exercised. The said Options will be vested with Mr. Talwar in a graded manner over a period of four years.

Shares of MAX INDIA LTD. was last trading in BSE at Rs.345.4 as compared to the previous close of Rs. 344.6. The total number of shares traded during the day was 9194 in over 564 trades.

The stock hit an intraday high of Rs. 347.4 and intraday low of 334.4. The net turnover during the day was Rs. 3164421.

Source : Equity Bulls

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