Max Healthcare Institute Limited has granted 284,520 stock options to eligible employees under its Employee Stock Option Scheme 2022. The Nomination and Remuneration Committee approved the grant in a meeting held on February 4, 2026. These options vest not earlier than one year and not later than five years from the grant date. The exercise window is three years from the vesting date.
Stock Option Allocation
Max Healthcare Institute Limited announced the allocation of stock options to its employees under the Employee Stock Option Scheme 2022. A total of 284,520 stock options were granted on February 4, 2026. This decision was formalized during a Nomination and Remuneration Committee (NRC) meeting.
Key Details of the Grant
The grant consists of 234,520 stock options with an exercise price of ₹900 per option, and 50,000 stock options with an exercise price of ₹800 per option. Each option is convertible into one fully paid-up equity share.
Vesting and Exercise
The vesting period for these options ranges from a minimum of one year to a maximum of five years from the date of grant, dependent on pre-vesting conditions. Once vested, the options can be exercised within a three-year window from the vesting date.
Source: BSE
