The Board of Directors, at its meeting held today, has approved allotment of 12,162 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). Pursuant to this allotment, the issued equity capital of the Company has increased from Rs. 154,68,67,200 to Rs. 154,69,88,820 and subscribed & paid-up equity capital of the Company has increased from Rs. 154,53,35,310 to Rs. 154,54,56,930.
The details required for the shares allotted pursuant to Regulation 10(c) of Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, is enclosed herewith as Annexure A.
All equity shares of the Company allotted pursuant to exercise
identical in all respects to
of stock options shall rank pari-passu with the existing equity
existing shares?
If
not,
shares of the Company.
when
will
they
become
identical?
21.
Details of listing fees, if
Not Applicable
payable
Yours faithfully,
For Mahindra Lifespace Developers Limited
Ankit Shah
Assistant Company Secretary & Compliance Officer
ACS-26552
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Mahindra Lifespace Developers Limited published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 19:57:08 UTC.
Mahindra Lifespace Developers Limited is an India-based real estate development company. The Company is engaged in developing residential projects in the premium and value housing segments, as well as integrated cities and industrial clusters. Its segments include Projects, Project Management and Development, and Operating of Commercial Complexes. Projects, Project Management & Development segment of the business includes income from sale of residential units across projects, project management and development in India. Operating of Commercial Complexes segment of the business includes rental income from commercial properties at Delhi. Its projects include Roots, Vicino, Alcove, Meridian, Happinest Palghar 1, Happinest Palghar 2, Happinest Kalyan 1, Happinest Kalyan 2, Centralis, Happinest Tathawade, Bloomdale, Luminare, Aqualily, Lakewoods, Happinest Avadi, Happinest MWC and others.