Max India, engaged in healthcare, IT and financial services, announced that the remuneration committee of the company granted 2,67,000 stock options to certain key employees of the company effective Apr. 01, 2014 under Max Employee Stock Plan-2003.

The said options entitle the optionholders one equity share of Rs 2 each at par for every one option exercised. The said options will be vested with the optionholders in a graded manner.

Shares of the company declined Rs 2.2, or 1.06%, to trade at Rs 205.70. The total volume of shares traded was 2,364 at the BSE (11.46 a.m., Tuesday).