Max India Limited has completed the allotment of 60,000 equity shares under its Employee Stock Option Plan 2020, as approved by the company's Nomination and Remuneration Committee on February 9, 2026. The allotment was made to eligible employees of the company and its subsidiary companies following the exercise of vested stock options.

Share Allotment Details

The allotted shares carry a face value of Rs. 10 each and have been issued as fully paid-up equity shares. The allotment process was conducted in accordance with the provisions of the Employee Stock Option Plan 2020, demonstrating the company's commitment to employee participation in its growth.

Impact on Share Capital

The allotment has resulted in an increase in the company's issued, subscribed and paid-up capital. The capital structure has been enhanced following the successful exercise of stock options by eligible employees.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Max India Limited has informed both BSE Limited and the National Stock Exchange of India Limited about this corporate action. The disclosure has also been made available on the company's official website at www.maxindia.com , ensuring transparency for all stakeholders.

The allotment represents the company's ongoing employee engagement strategy through equity participation, allowing eligible employees to benefit from the company's performance while aligning their interests with long-term organizational goals.

Max India Limited has successfully obtained regulatory approval for relocating its registered office from Maharashtra to the National Capital Territory (NCT) of Delhi. The company received the Regional Director's order on December 16, 2025, marking a significant milestone in its corporate restructuring process.

Regulatory Approval Confirmed

The Regional Director (RD), Western Region, Maharashtra, Ministry of Corporate Affairs issued the approval order dated December 12, 2025, which was received by the company on December 16, 2025. This approval comes in continuation of the company's earlier communication dated August 5, 2025, and follows the special resolution passed by members at the 6th Annual General Meeting held on September 3, 2025.

Compliance Process Completed

The company has successfully navigated the regulatory requirements for the office relocation. The approval has been obtained in accordance with the applicable provisions of the Companies Act, 2013, following the proper filing of applications under Section 13 of the Act.

Next Steps in Implementation

With the Regional Director's approval now secured, Max India Limited will proceed with the final implementation steps:

The company will submit a copy of the altered Memorandum of Association upon receipt of the Certificate of Registration from the Registrar of Companies, New Delhi. The new registered office address will be intimated to stakeholders in due course.

Corporate Governance and Transparency

Throughout this process, Max India Limited has maintained transparency by keeping all stakeholders informed through proper regulatory filings under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's systematic approach to the relocation demonstrates its commitment to regulatory compliance and corporate governance standards.

This strategic relocation to Delhi positions Max India Limited closer to the regulatory and business hub of the national capital, potentially enhancing its operational efficiency and stakeholder engagement capabilities.