Mahindra Lifespace Developers has informed that the board of directors at its meeting held today, 30th January, 2018, has approved the unaudited standalone and consolidated financial results for the 3rd quarter and nine months period on 31st December, 2017; and approved issue and allotment of 4,550 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 513,746,510 to Rs 513,792,010 and subscribed & paid up equity capital of the Company has increased from Rs 513,235,880 to Rs 513,281,380.
The above information is a part of company’s filings submitted to BSE.
