Max Healthcare seeks shareholder approval for PLRSU scheme, CMD pay
- Max Healthcare seeks approval for PLRSU Scheme 2026 for employees
- Shareholders to vote on remuneration for CMD Abhay Soi
- E-voting runs from September 20 to October 19, 2026
- Alteration of Main Objects Clause in MoA also seeks approval
*this image is generated using AI for illustrative purposes only.
Max Healthcare Institute has issued a postal ballot notice seeking member approval for four special resolutions via remote e-voting. The proposals include the implementation of a performance-linked restricted stock unit scheme and the approval of remuneration for Chairman and Managing Director Abhay Soi.
The company filed the notice under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The ballot covers key governance and compensation matters for eligible employees and senior leadership.
Key Resolutions
The special resolutions require shareholder consent on the following matters:
- Approval of the 'Max Healthcare Institute Limited - Performance Linked Restricted Stock Unit Scheme 2026' and grant of units to eligible employees.
- Grant of performance-linked restricted stock units under the same scheme to eligible employees of subsidiary companies.
- Approval of remuneration payable to Mr Abhay Soi as Chairman and Managing Director.
- Alteration of the Main Objects Clause in the Memorandum of Association.
Voting Timeline
E-voting will be facilitated by MUFG Intime India Private Limited. Members holding shares as of the cut-off date are entitled to vote.
| Particulars | Details |
|---|---|
| E-voting starts | 9:00 am on September 20, 2026 |
| E-voting ends | 5:00 pm on October 19, 2026 |
| Results declared | On or before October 22, 2026 |
| Cut-off date | September 18, 2026 |
The notice was signed by Dhiraj Aroraa, EVP - Company Secretary and Compliance Officer, and dated September 19, 2026. The disclosure is also hosted on the company's website.
Historical Stock Returns for Max Healthcare Institute
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.19% | +1.03% | +4.54% | +7.47% | -9.06% | +176.68% |
How might the implementation of the Performance Linked Restricted Stock Unit Scheme impact Max Healthcare's future earnings per share through potential dilution?
What specific performance metrics have been set for the 2026 RSU scheme, and how do they align with the company's long-term growth targets?
Is the proposed remuneration for Chairman and Managing Director Abhay Soi in line with industry benchmarks for comparable healthcare conglomerates?
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