Mastek Ltd allots 51515 Equity Shares to employee on exercise of ESOP

At a meeting of Share Transfer, Investor Grievances and Stakeholder Relationship Committee of Mastek Ltd held on December 29, 2014, 51515 Equity Shares of Rs. 5/- each (Face Value) were allotted to employees who exercised their vested options under the Company's Employee Stock Option Schemes. The said shares will rank pari-passu with the existing shares of the Company in all respects.

Resultantly, the paid up share capital of the Company stands increased to 22,431,447 Equity Shares amounting in aggregate to Rs. 112,157,235/-.

Shares of MASTEK LTD. was last trading in BSE at Rs.395.65 as compared to the previous close of Rs. 394.75. The total number of shares traded during the day was 155191 in over 7697 trades.

The stock hit an intraday high of Rs. 407 and intraday low of 391.5. The net turnover during the day was Rs. 61920345.

Source : Equity Bulls

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