Tech Mahindra allots 8435 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 February 16, 2010 for issue and allotment of a total of 38,435 equity shares of Rs. 10/- each of the Company to various applicants, on exercise of stock options under Employee Stock Option Plan 2006 (ESOP 2006).

The stock closed the day at Rs.947.35, up by Rs.0.05 or 0.01%. The stock hit an intraday high of Rs.954.10 and low of Rs.912.25.

The total traded quantity was 36046 compared to 2 week average of 51668.

Source : Equity Bulls

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