Max India Limited — Share Issue/Capital Change 2021

Jun 8, 2021

==> picture [160 x 50] intentionally omitted <==

June 8, 2021

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra -Kurla Complex Dalal Street Bandra (E), Mumbai – 400001 Mumbai 400051

Scrip Code : 543223

Name of Scrip : MAXIND

Sub : Grant of Stock Options under MAX INDIA LIMITED - EMPLOYEE STOCK OPTION PLAN – 2020

Dear Sir/Madam,

Pursuant to Regulations 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we wish to inform you that the Nomination and Remuneration Committee of the Company, on June 7, 2021, had approved the grant of 182,142 Stock Options to one of the key employee of Antara Senior Living Limited, a Wholly Owned Subsidiary Company of the Company under MAX INDIA LIMITED - EMPLOYEE STOCK OPTION PLAN – 2020.

Each Stock option entitles the option-holder one equity share of face value of Rs. 10/- each at the Grant Price is Rs. 73.30 per Option which shall vest with the Option-holder on June 7, 2025. The exercise period shall be 5 years from the Vesting Date.

You are requested to take the aforesaid on record.

Thanking you,

Yours faithfully

For Max India Limited (formerly Advaita Allied Health Services Limited)

==> picture [56 x 37] intentionally omitted <==

Pankaj Chawla Company Secretary and Compliance officer

==> picture [452 x 39] intentionally omitted <==