Max Estates Allots 16,140 Equity Shares Under ESOP Plan
Max Estates Limited allotted 16,140 equity shares under its ESOP Plan on July 6, 2026. This increases the paid-up equity share capital to ₹1,63,51,34,100.
The allotment of a small number of shares under an ESOP plan has a minimal impact on the company's overall share capital and market valuation.
The announcement is a routine update regarding the allotment of equity shares under an existing ESOP plan and does not significantly impact the company's financial performance or outlook.
Max Estates Limited has announced the allotment of 16,140 equity shares under its Employee Stock Option Plan 2023 (ESOP Plan). The Nomination and Remuneration Committee approved this allotment on July 6, 2026. These shares have a face value of ₹10 each.
Consequent to this allotment, the company's paid-up equity share capital has increased from ₹1,63,49,72,700 to ₹1,63,51,34,100. This comprises 16,35,13,410 equity shares, each with a face value of ₹10.
The event of allotment occurred on July 6, 2026, at 15:27 Hrs (IST).
What to do with a filing like this
Max Estates Limited filed this with the NSE as a statutory disclosure, categorised under designated person disclosures. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Max Estates Limited. Read the original for the full detail.