Patni Computer allots 5650 equity shares under Company's Stock Option Plan

Patni Computer Systems Ltd has announced that the Compensation & Remuneration Committee of Directors of the Company vide resolution dated November 03, 2009 allotted 5,650 equity shares of par value of Rs. 2/- each to certain employees pursuant to the exercise of Employee Stock options.

The stock closed the day at Rs.501.35, up by Rs.6.85 or 1.39%. The stock hit an intraday high of Rs.509.90 and low of Rs.492.

The total traded quantity was 383083 compared to 2 week average of 240179.

Source : Equity Bulls

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