Mahindra Logistics Limited — Important, 02-01-2025: General Updates

The Stakeholders' Relationship Committee of Mahindra Logistics has approved the allotment of 81,129 equity shares, bringing the total paid-up share capital to ₹72.13 crore. The shares were issued following the exercise of Restricted Stock Units under the company's Employee Restricted Stock Unit Plan 2018. The shares hold a face value of ₹10 each and are fully paid up, with a total exercise price received of ₹8.11 lakh. This development indicates a modest increase in equity, enhancing employee engagement through RSUs. Investors should note this allotment as a signal of the company’s commitment to retaining talent, suggesting a positive outlook for workforce stability and productivity.