Mahindra Holidays allots over 6.68cr equity shares

The issued and paid-up share capital of the company has increased from over Rs133.63cr to over Rs200cr.

Sep 14, 2021 10:09 IST India Infoline News Service

Mahindra Holidays & Resorts India Ltd.
Mahindra Holidays & Resorts India Limited has allotted 6,68,16,892 equity shares of Rs.10/- each fully paid up Bonus Equity Shares in the ratio of 1:2, i.e. 1 Bonus Equity Share of Rs10/- each for 2 fully paid-up Equity Shares of Rs10/- each held by the eligible Members whose name appear in the Register of Members/ List of Beneficial Owners as on September 9, 2021, being the record date fixed for this purpose.

Consequent to the above, the issued and paid-up share capital of the company has increased from Rs1,33,63,37,840/- to Rs.2,00,45,06,760/-.

“The Bonus 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 said allotment,” company said in a filing.

At around 10.11 AM, Mahindra Holidays & Resorts India Ltd was trading at Rs235 per piece up by Rs0.35 or 0.15% from its previous closing of Rs234.65 per piece on the BSE.

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