Mahindra Logistics Limited has informed the Exchange about the allotment of 41,712 Equity Shares on exercise of RSUs. Detailed intimation is attached.
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Mahindra Logistics has allotted 41,712 equity shares of face value Rs. 10 each to employees who exercised their Restricted Stock Units (RSUs) under the Mahindra Logistics Employee RSU Plan 2018. The exercise price was Rs. 10 per share, so the company received Rs. 4,17,120 as share application money. Post this allotment, the total paid-up share capital has increased to Rs. 99,22,24,830, comprising 9,92,22,483 equity shares, up from 9,91,80,771 shares earlier. The newly allotted shares will rank equally with existing shares including for dividend. The Stakeholders' Relationship Committee approved this on 7 January 2026.
This is a small, routine employee stock benefit allotment with negligible dilution (~0.004% increase in share count). No material impact on shareholders or stock price is expected.