Max India Ltd has informed BSE that the Nomination and Remuneration Committee of the Company on November 9, 2016, granted 25,394 Stock Options to Mr. Mohit Talwar, Managing Director of the Company under the Max India Employee Stock Plan - 2016. The aforesaid Options entitle Mr. Mohit Talwar one equity share of Rs.2/- each for cash at par for every one Option exercised. The said Options will be vested with Mr. Talwar in a graded manner over a period of four years.
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