Moneycontrol Be a Pro
Get App
YOU ARE HERE >  Moneycontrol Markets > Announcements DiversifiedAnnouncement - Mahindra Logist
Mahindra Logist
BSE: 540768NSE: MAHLOGISIN: INE766P01016

4th-Nov-2019 17:14Source: BSE

Mahindra Logistics - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

We hereby inform you that the Nomination and Remuneration Committee of the Board of Mahindra Logistics Limited ('the Company') at their Meeting held today viz. Monday, 4 November 2019, inter-alia, has approved allotment of 36,720 equity shares of face value of Rs. 10/- each to the eligible employees of the Company towards exercise of the options vested to them under the MLL-Key Executive Stock Option Scheme, 2012.

Consequent to the above allotment, the issued, paid-up and subscribed share capital of the Company has increased from Rs. 7,14,476,840/- (divided into 71,447,684 equity shares of Rs. 10/- each) to Rs. 71,48,44,040/- (divided into 71,484,404 equity shares of Rs. 10/- each).

The new equity shares shall rank pari-passu with the existing equity shares of the Company in all respects including dividend entitlement and other corporate benefits, if any, declared by the Company after the allotment.

Detailed disclosure in this regard is attached herewith.

More Announcements on:

3rd-Dec-2019 15:45Source: NSE

Mahindra Logistics Limited

1 2 3 4 5 Next >>
Follow us on
Available On