Mahindra Logistics Limited - Allotment of Securities

11 Jan 2022 , 12:00 AM

Mahindra Logistics Limited has informed the Exchange regarding allotment of 8082 securities pursuant to ESOP/ESPS. 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.