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 announced its Q3FY26 unaudited consolidated financial results on February 10, 2026, reporting a net loss of ₹42.85 crores for the quarter ended December 31, 2025. The company's consolidated revenue from operations stood at ₹43.10 crores during the quarter, compared to ₹34.74 crores in the corresponding quarter of the previous year.

Financial Performance Overview

The company's financial performance for Q3FY26 reflects operational challenges across its business segments. Total income including other income reached ₹49.81 crores, while total expenses amounted to ₹87.17 crores, resulting in significant operational losses.

Nine Months Performance Analysis

For the nine months ended December 31, 2025, Max India reported consolidated revenue from operations of ₹124.93 crores compared to ₹103.97 crores in the corresponding period of the previous year. However, the company recorded a net loss of ₹102.56 crores for the nine-month period.

Segment-wise Revenue Performance

The company's business segments showed mixed performance during Q3FY26. The Assisted Care segment contributed ₹27.55 crores to revenue, while Senior Living generated ₹13.47 crores. Business Investments segment recorded revenue of ₹3.12 crores.

Exceptional Items and Corporate Actions

During the nine months ended December 31, 2025, the company recognized exceptional items totaling ₹4.98 crores, including gains from property sale of ₹9.53 crores and expenses related to rights issue and employee benefit obligations. The company had earlier completed a rights issue of ₹124.23 crores and allotted fully convertible warrants worth ₹80.35 crores.

Regulatory Compliance and Trading Window

The board meeting was conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window for designated persons, which was closed from January 1, 2026, will remain closed until February 12, 2026, being 48 hours after the declaration of financial results.