Mahindra Lifespaces on Wednesday announced the allotment of 16,666 new fully paid-up equity shares of ₹10 each to the eligible employees pursuant to the exercise of options granted under employee stock options Scheme 2012, the company announced through an exchange filing.
The face value of the equity shares will be ₹10 each.
With this allotment, the issued equity capital of the company has increased from ₹155,08,21,960 to ₹155,09,88,620 and subscribed and paid-up equity capital of the company has increased from ₹154,92,90,070 to ₹154,94,56,730.
Mahindra Lifespaces Shares
The shares of Mahindra Lifespaces on Wednesday at 3:30pm IST were at ₹493, up by 3.07 percent.