Mahindra Lifespace Developers has informed about the Committee at its meeting held today has vide a circular resolution dated May 5, 2017 has approved the allotment of 10,263,388 rights equity shares of face value Rs 10 each at a price of Rs 292 per equity share (including a premium of Rs 282 per equity share) issued on a rights basis, to all eligible applicants, who have subscribed to the said issue and whose applications were valid.
The above information is a part of company’s filings submitted to BSE.