Tech Mahindra Ltd allots 293136 shares

The Securities Allotment Committee of the Board of Directors of Tech Mahindra Ltd on January 19, 2016 has passed the resolution for issue and allotment of a total of 293136 equity shares of Rs. 5/- each of the Company to the applicants.
6640 equity shares were allotted on exercise of stock options under ESOP 2000 and 11800 equity shares, on exercise of stock options under ESOP 2006.

208500 equity shares were allotted on exercise of stock options under ESOP 2010 and 25816 equity shares, on exercise of stock options under TML - ESOP B - 2013.

40380 equity shares were allotted on exercise of stock options under TML - RSU.

Shares of TECH MAHINDRA LTD. was last trading in BSE at Rs.512.35 as compared to the previous close of Rs. 517.75. The total number of shares traded during the day was 50483 in over 1599 trades.

The stock hit an intraday high of Rs. 521.25 and intraday low of 510.3. The net turnover during the day was Rs. 25886471.

Source : Equity Bulls

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