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Board of Mahindra Lifespace Developers approves allotment of 1800 equity shares under ESOS

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Capital Market

At meeting held on 22 April 2019

The Board of Mahindra Lifespace Developers has approved the issue and allotment of 1,800 new fully paid-up Equity Shares of Rs.10/- each to the Eligible Employees pursuant to the exercise of Options granted under Employee Stock Options Scheme 2012 (ESOS - 2012), at an exercise price of Rs.10/- per share. Pursuant to this allotment, the issued equity capital of the Company has increased from Rs. 51,40,01,510 to Rs. 51,40,19,510 and subscribed & paid up equity capital of the Company has increased from Rs. 51,34,90,880 to Rs. 51,35,08,880.

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First Published: Apr 22 2019 | 3:55 PM IST

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