Tech Mahindra Ltd allots 303328 shares

The Securities Allotment Committee of the Board of Directors of Tech Mahindra Ltd passed resolution on April 23, 2015 for issue and allotment of a total of 303328 equity shares of Rs. 5/- each of the Company to the applicants.

34740 equity shares were allotted on exercise of stock options under ESOP 2000, 10324 equity shares were allotted on exercise of stock options under ESOP 2006, 70796 equity shares were allotted on exercise of stock options under ESOP 2010, 57920 equity shares were allotted on exercise of stock options under TML - ESOP B - 2013 and 129548 equity shares were allotted on exercise of stock options under TML - RSU.

Shares of TECH MAHINDRA LTD. was last trading in BSE at Rs.583.75 as compared to the previous close of Rs. 615.75. The total number of shares traded during the day was 570443 in over 22810 trades.

The stock hit an intraday high of Rs. 615 and intraday low of 577.95. The net turnover during the day was Rs. 339602334.

Source : Equity Bulls

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