Tech Mahindra Ltd approves allotment of 484460 Shares Under ESOP Schemes

The Securities Allotment Committee of the Board of Directors of Tech Mahindra Ltd passed resolution on March 18, 2017 for issue and allotment of a total of 484460 equity shares of Rs. 5/- each of the Company to the applicants.

350000 equity shares, on exercise of stock options under ESOP 2000.
23400 equity shares, on exercise of stock options under ESOP 2006.
10000 equity shares, on exercise of stock options under ESOP 2010.
11000 equity shares, on exercise of stock options under ESOP-2014.
27052 equity shares, on exercise of stock options under TML - ESOP B - 2013.
63008 equity shares, on exercise of stock options under TML - RSU.

Shares of TECH MAHINDRA LTD. was last trading in BSE at Rs.480.05 as compared to the previous close of Rs. 483.1. The total number of shares traded during the day was 90200 in over 1633 trades.

The stock hit an intraday high of Rs. 490.85 and intraday low of 480.05. The net turnover during the day was Rs. 43799005.

Source : Equity Bulls

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