Mahindra Lifespace Developers has informed that the Board of Directors at its meeting held today has approved issue and allotment of 1,500 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.
The above information is a part of company’s filings submitted to BSE.