Max Financial Services Ltd allots 11432 Equity Shares

The Nomination and Remuneration Committee of Max Financial Services Ltd approved allotment of 11,432 equity shares of Rs. 2/- each for cash at par to Mr. Mohit Talwar, Managing Director of the Company on September 06, 2016, arising from the exercise of stock options under Max Employee Stock Plan - 2003 of the Company.

Shares of Max Financial Services Ltd. was last trading in BSE at Rs.579.1 as compared to the previous close of Rs. 595.15. The total number of shares traded during the day was 45652 in over 2285 trades.

The stock hit an intraday high of Rs. 599.7 and intraday low of 576.05. The net turnover during the day was Rs. 26679921.

Source : Equity Bulls

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