Tech Mahindra allots 24615 equity shares

Tech Mahindra Ltd has announced about the resolution passed by the Securities Allotment Committee of the Board of Directors of the Company on November 19, 2010 for issue and allotment of a total of 24,615 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 was trading at Rs.680.75, down by Rs.5.20 or 0.76%. The stock hit an intraday high of Rs.693 and low of Rs.676.

The total traded quantity was 0.19 lakhs compared to 2 week average of 0.27 lakhs.

Source : Equity Bulls

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