We hereby inform you that the Nomination and Remuneration Committee of the Board of Mahindra Logistics Limited ('the Company') has today i.e. Monday, 10 January 2022, approved allotment of 8,082 equity shares of face value of Rs. 10/- each, fully paid up, on exercise of Restricted Stock Units under the Mahindra Logistics Employee Restricted Stock Unit Plan 2018.
Consequent to the above allotment, the issued, subscribed and paid-up share capital of the Company has increased from Rs. 71,86,35,360/- (comprising of 7,18,63,536 equity shares of Rs. 10/- each fully paid-up) to Rs. 71,87,16,180 /- (comprising of 7,18,71,618 equity shares of Rs. 10/- each fully paid-up).
Kindly take the above on record and acknowledge receipt.
|