Max Healthcare Institute management has disclosed that the company maintains agreements with insurance companies for annual price revisions, according to statements made during a recent conference call.

Insurance Partnership Agreements

The healthcare provider has established structured agreements with insurance companies that include provisions for annual price revisions. These arrangements indicate a systematic approach to managing pricing for healthcare services in coordination with insurance partners.

Management Communication

During the conference call, company management confirmed the existence of these pricing agreements, highlighting the structured nature of the company's relationships with insurance providers. The agreements appear to provide a framework for regular price adjustments on an annual basis.

Strategic Implications

The presence of annual price revision agreements with insurance companies suggests Max Healthcare has established mechanisms for periodic pricing adjustments. These structured arrangements may provide greater predictability in revenue management and pricing coordination with key insurance partners in the healthcare sector.

Max Healthcare Institute Limited has announced the grant of 2,84,520 stock options to eligible employees under its Employee Stock Option Scheme 2022. The company's Nomination and Remuneration Committee (NRC) approved this grant during its meeting held on February 4, 2026.

Grant Details and Structure

The stock option grant is structured in two distinct tranches with different exercise prices and quantities:

Vesting and Exercise Terms

The granted stock options operate under specific vesting and exercise parameters designed to align employee interests with long-term company performance:

The vesting is subject to fulfillment of pre-vesting conditions as determined by the NRC, ensuring that options vest based on performance and tenure criteria.

Regulatory Compliance and Disclosure

The grant has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The NRC meeting commenced at 10:15 AM IST and concluded at 10:40 AM IST on February 4, 2026.

Max Healthcare Institute Limited has communicated this development to both major stock exchanges:

• NSE (National Stock Exchange): Symbol MAXHEALTH
• BSE (Bombay Stock Exchange): Scrip Code 543220

The company has also made the disclosure available on its official website at www.maxhealthcare.in , ensuring transparency and accessibility for all stakeholders.

ESOP Scheme Framework

The Max Healthcare Institute Limited Employee Stock Option Scheme 2022 (MHIL ESOP – 2022) serves as the governing framework for these grants. The scheme is administered and implemented by the Nomination and Remuneration Committee, which determines the terms and conditions for option grants, vesting schedules, and exercise parameters.

This employee stock option grant represents Max Healthcare's commitment to employee retention and motivation through equity participation, allowing eligible employees to benefit from the company's long-term growth and performance.