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Mahindra Holidays & Resorts India informs about allotment of equity shares under ESOS

22 Mar 2023 Evaluate

Mahindra Holidays & Resorts India has informed that the Securities Allotment Committee of the Board of Directors of the Company vide its Circular Resolution passed on March 21, 2023 has issued and allotted 20,000 Equity Shares of Rs 10 each, pursuant to the exercise of Options granted under the Mahindra Holidays & Resorts India Employees' Stock Options Scheme 2014. Consequent to the above, the issued and paid-up equity share capital of the Company has increased from Rs 2,01,23,66,400 to Rs 2,01,25,66,400. The Equity Shares allotted as above shall rank with the existing Equity Shares of the Company and shall be entitled to such dividends and corporate benefits, if any, declared by the Company after the said allotment.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
The Indian Hotels Co 709.70
ITC Hotels 150.70
Mahindra Holi.&Resor 191.30
EIH 284.10
Chalet Hotels 832.65
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