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MAHINDRA LIFESPACE DEVELOPERS LTD. - Outcome of Board Meeting
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28 Jan 2016
Mahindra Lifespace Developers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 28, 2016 has issued and allotted 4,800 new fully paid-up Equity Shares of Rs.10/- each to the Eligible Employees on the exercise of Options granted under Employee Stock Options Scheme 2012 (ESOS - 2012), at an exercise price of Rs.10/- per share.&lt;BR&gt;&lt;BR&gt;Pursuant to this allotment, the issued equity capital of the Company has increased from Rs. 41,06,73,010 to Rs 41,07,21,010 and subscribed &amp; paid up equity capital of the Company has increased from Rs. 41,02,64,500 to Rs. 41,03,12,500.&lt;BR&gt;&lt;BR&gt;The equity shares allotted as above shall, rank pari-passu 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 allotment.
View all announcements for MAHINDRA LIFESPACE DEVELOPERS LTD. Source: BSE India