Mahindra Lifespace Developers has informed about the Board of Directors at its meeting held on 22nd April, 2017, has approved issue and allotment of 2050 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 410,944,010 to Rs 410,964,510 and subscribed & paid up equity capital of the Company has increased from Rs 410,535,500 to Rs 410,556,000.
The above information is a part of company’s filings submitted to BSE.
