Mahindra Lifespace Developers informs about company updates

22 Apr 2017

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.

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