Max Financial Services Ltd approves allotment of 665000 shares under ESOP / ESPS

The Nomination and Remuneration Committee of Max Financial Services Ltd, on September 1, 2017, approved allotment of 6,65,000 equity shares of Rs.2/- each of the Company for cash, arising from the exercise of Stock Options granted by the Company earlier.

Pursuant to the aforesaid allotment, the paid-up share capital of the Company stands increased from Rs. 53.54 crores to Rs. 53.68 crores.

Source : Equity Bulls

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