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Pursuant to the Regulation 3(9) of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, the shareholding of Mahindra Holidays & Resorts India Limited Employees' Stock Option Trust has been classified as Non-Promoter Non-Public.5,537 equity shares were allotted on June 21, 2024 pursuant to exercise of stock options by eligible employees and the listing and trading approval for the said equity shares was received on July 05, 2024 effective from July 08, 2024. 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