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Mahindra Lifespace Developers informs about allotment of equity shares

06 May 2017 Evaluate

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.

Peers
Company Name CMP
Lodha Developers 1188.00
Prestige EstatesProj 1628.00
Dilip Buildcon 400.75
DLF 750.80
Oberoi Realty 1717.35
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