Mahindra Holidays & Resorts India Ltd allots 60000 shares

The Securities Allotment Committee of the Board of Directors of Mahindra Holidays & Resorts India Ltd vide Circular Resolution passed on July 11, 2018 issued and allotted 60,000 Equity Shares of Rs.10/- each pursuant to the exercise of Options granted under Mahindra Holidays & Resorts India Limited Employees' Stock Options Scheme - 2014.

Consequent to the above, the issued and paid up share capital of the Company has increased from Rs. 1,33,49,37,840/- to Rs.1,33,55,37,840/-.

The 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 allotment.

Shares of MAHINDRA HOLIDAYS & RESORTS INDIA LTD. was last trading in BSE at Rs.307.1 as compared to the previous close of Rs. 313.7. The total number of shares traded during the day was 3468 in over 205 trades.

The stock hit an intraday high of Rs. 315.85 and intraday low of 305. The net turnover during the day was Rs. 1074127.

Source : Equity Bulls

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