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Mahindra Holidays Increases Equity Share Capital Through ESOP Allotment

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Mahindra Holidays Increases Equity Share Capital Through ESOP Allotment

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Mahindra Holidays & Resorts India Limited ( (IN:MHRIL) ) has shared an update.

Mahindra Holidays & Resorts India Limited has announced the allotment of 3,000 equity shares under its Employees Stock Options Scheme – 2020, following a resolution passed by its Securities Allotment Committee. This allotment increases the company’s issued and paid-up equity share capital, with the new shares ranking equally with existing shares in terms of dividend and corporate benefits, potentially enhancing employee engagement and aligning interests with company performance.

More about Mahindra Holidays & Resorts India Limited

Mahindra Holidays & Resorts India Limited operates in the hospitality industry, primarily offering vacation ownership and leisure services. The company focuses on providing holiday experiences through its resorts and vacation memberships, catering to a diverse market seeking leisure and travel solutions.

Average Trading Volume: 30,735

Technical Sentiment Signal: Sell

Current Market Cap: 63.43B INR

Find detailed analytics on MHRIL stock on TipRanks’ Stock Analysis page.

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