Patni Computer Systems allots 5900 equity shares under Company's Stock Option Plan

The Compensation & Remuneration Committee of Directors of Patni Computer Systems Ltd vide resolution dated March 21, 2012, has allotted 59,000 equity shares of par value of Rs. 2/- each to certain option holders, pursuant to the exercise of options granted to them under Company's Stock Option Plan.

The Patni Computer Systems Ltd stock was trading at Rs.500.70, up by Rs.1.30 or 0.26%. The stock hit an intraday high of Rs.501.50 and low of Rs.495.60.

The total traded quantity was 0.17 lakhs compared to 2 week average of 0.53 lakhs.

Source : Equity Bulls

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