Max Estates has announced the allotment of 14,442 equity shares under its Employee Stock Option Plan 2023 (ESOP Plan). The allotment, approved on February 6, 2026, increases the company’s equity share capital from INR 1,63,43,10,410 to INR 1,63,44,54,830, comprising a total of 16,34,45,483 equity shares each with a face value of INR 10.
ESOP Allotment Details
Max Estates has officially announced the allotment of 14,442 equity shares under the Max Estates Employee Stock Option Plan 2023 (ESOP Plan). This decision was made and approved by the Nomination and Remuneration Committee during a meeting held on February 6, 2026.
Impact on Equity Share Capital
As a consequence of the aforementioned allotment, the paid-up equity share capital of the Company has been increased. It now stands at INR 1,63,44,54,830, up from the previous value of INR 1,63,43,10,410. The total number of equity shares now stands at 16,34,45,483, with each share having a face value of INR 10.
Event Timing
The event pertaining to this allotment occurred on February 6, 2026, at 15:15 Hours (IST).
Source: BSE