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Max Estates Limited ( (IN:MAXESTATES) ) just unveiled an announcement.
Max Estates Limited has allotted 57,595 equity shares of face value ₹10 each pursuant to the exercise of employee stock options under its 2023 ESOP Plan, following approval by its Nomination and Remuneration Committee on 2 January 2026. As a result of this ESOP-driven issuance, the company’s paid-up equity share capital has marginally increased from ₹162.23 crore to ₹162.29 crore, reflecting ongoing use of equity-based compensation that slightly dilutes existing shareholding while aligning employees’ interests with long-term shareholder value.
More about Max Estates Limited
Max Estates Limited is a listed Indian company operating in the real estate and property development sector, with corporate offices in Noida and a registered office in New Delhi. The company is positioned as part of the broader commercial and residential real estate market, focusing on creating and managing real estate assets under its Max brand umbrella.
Average Trading Volume: 13,855
Technical Sentiment Signal: Buy
Current Market Cap: 73.01B INR
For a thorough assessment of MAXESTATES stock, go to TipRanks’ Stock Analysis page.