MindTree allots 41037 equity shares

MindTree Ltd has announced that the Company has allotted 1,125 equity shares of Rs. 10/- each fully paid on January 17, 2010 to the employees/directors of the Company pursuant to exercise of stock options granted to them under the 1999 Stock Option Plan (Program 1).

Further, the Company has allotted 5,222 equity shares of Rs. 50/- each fully paid on January 17, 2010 to the employees/directors of the Company pursuant to exercise of stock options granted to them under the 2001 Stock Option Plan (Program 2).

Further, the Company has allotted 5,110 equity shares of Rs. 250/- each fully paid on January 17, 2010 to the employees/ directors of the Company pursuant to exercise of stock options granted to them under the 2006(a) Stock Option Plan (Program 3).

Further, the Company has allotted 28,844 equity shares (of which 22,124 are of Rs. 300/- each, 850 are of Rs. 315/- each, 3,450 are of Rs. 335/- each, 590 are of Rs. 350/- each, 30 are of Rs. 419/- each and 1,800 are of Rs .460/- each), fully paid on January 17, 2010 to the employees/directors of the Company pursuant to exercise of stock options granted to them under the 2006(b) Stock Option Plan (Program 4).

Further, the Company has allotted 736 equity shares (of which 545 are of Rs. 167.75/- each and 191 are of Rs. 478.50/- each) fully paid on January 17, 2010 to the employees/directors of the Company pursuant to exercise of stock options granted to them under the 2008 A Stock Option Plan (Program 5).

The stock closed the day at Rs.523.40, down by Rs.1.30 or 0.25%. The stock hit an intraday high of Rs.530.90 and low of Rs.521.65.

The total traded quantity was 2120 compared to 2 week average of 6690.

Source : Equity Bulls

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