Tech Mahindra allots 89345 equity shares

Tech Mahindra Ltd has announced that the resolution passed by the Securities Allotment Committee of the Board of Directors of the Company on December 14, 2009 for issue and allotment of a total of 89,345 equity shares of Rs. 10/- each of the Company to various applicants.

48,660 equity shares, on exercise of stock options under Employee Stock Option Plan 2000 (ESOP 2000).

40,685 equity shares, on exercise of stock options under Employee Stock Option Plan 2006 (ESOP 2006).

The stock closed the day at Rs.1002.45, up by Rs.0.80 or 0.08%. The stock hit an intraday high of Rs.1014 and low of Rs.986.05.

The total traded quantity was 61014 compared to 2 week average of 98707.

Source : Equity Bulls

Keywords