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Max Financial Services allots equity shares

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Under ESOP

Max Financial Services announced that the Nomination and Remuneration Committee of Directors of the Company approved allotment of 2,35,718 equity shares of Rs. 2/- each for cash at par to Rahul Khosla, Executive President of the Company on 12 October 2016, arising from the exercise of Stock Options.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 13 2016. 10:42 IST