Max Financial Services Ltd allots 4,08,308 equity shares

The Nomination and Remuneration Committee of Directors of Max Financial Services Ltd ("NRC") on March 18, 2019, approved allotment of 4,08,308 equity shares of Rs.2/- each of the Company for cash, to certain stock option-holder(s) arising from the exercise of stock options granted by the Company earlier.

Shares of Max Financial Services Ltd was last trading in BSE at Rs.453 as compared to the previous close of Rs. 438.9. The total number of shares traded during the day was 48689 in over 1450 trades.

The stock hit an intraday high of Rs. 458.4 and intraday low of 439.9. The net turnover during the day was Rs. 21995830.

Source : Equity Bulls

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