Mahindra Lifespace Developers Limited — Others, 25-10-2024: ESOP/ESOS/ESPS

Mahindra Lifespace Developers Limited announced the grant of 91,471 Stock Options under its Employee Stock Option Scheme - 2012 to eligible employees. Each option corresponds to one equity share with an exercise price of Rs. 10. The options will vest in three tranches over 36 months and can be exercised within five years from the grant date. This move aims to incentivize and reward the company's workforce.