MindTree allots Equity Shares under various Stock Option Plans

MindTree Ltd has announced that the Company has allotted 375 equity shares of Rs. 10/- each fully paid on September 14, 2009 to the employees / directors of the Company pursuant to exercise of stock options granted to them under the 1999 Stock Option Plan (Program 1).

Further the Company has informed that, the Company has allotted 3,822 equity shares of Rs. 50/- each fully paid on September 14, 2009 to the employees / directors of the Company pursuant to exercise of stock options granted to them under the 2001 Stock Option Plan (Program 2).

Further the Company has informed that, the Company has allotted 1,570 equity shares of Rs. 250/- each fully paid on September 14, 2009 to the employees / directors of the Company pursuant to exercise of stock options granted to them under the 2006(a) Stock Option Plan (Program 3).

Further the Company has informed that, the Company has allotted 5,677 equity shares (of which 3,832 are of Rs. 300/- each, 195 are of Rs. 315/- each and 1,650 are of Rs. 350/- each), fully paid on September 14, 2009 to the employees / directors of the Company pursuant to exercise of stock options granted to them under the 2006(b) Stock Option Plan (Program 4).

Further the Company has informed that, the Company has allotted 18,180 equity shares of Rs. 424/- each fully paid on September 14, 2009 to the employees / directors of the Company pursuant to exercise of stock options granted to them under the 2008 A Stock Option Plan (Program 5).

The stock was trading at Rs.604.30, up by Rs.12 or 2.03%. The stock hit an intraday high of Rs.615 and low of Rs.588.30.

The total traded quantity was 19904 compared to 2 week average of 307698.

Source : Equity Bulls

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