Patni Computer Systems allots 12257 equity shares under Stock Option Plan

Patni Computer Systems Ltd has announced that the Compensation & Remuneration Committee of Directors of the Company vide resolution dated November 01, 2010, has allotted 12,257 equity shares of par value of Rs. 2/- each to certain option holders, pursuant to the exercise of options granted to them under Company's Stock Option Plan.

The stock closed the day at Rs.478.75, up by Rs.4.10 or 0.86%. The stock hit an intraday high of Rs.484.50 and low of Rs.472.25.

The total traded quantity was 0.34 lakhs compared to 2 week average of 1.06 lakhs.

Source : Equity Bulls

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