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Max India Ltd. - Grant of Stock Options

By Religare

Max India Ltd has informed BSE that the Remuneration Committee of the Company on August 19, 2015 granted 99,620 Stock Options to Mr. Rahul Khosla, Managing Director of the Company under the Max Employee Stock Plan - 2003. The aforesaid Options entitle Mr. Rahul Khosla one equity share of Rs.2/- each for cash at par for every one Option exercised. The said Options will be vested with Mr. Khosla in a graded manner over a period of five years.

Story first published: Friday, August 21, 2015, 12:20 [IST]
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