MindTree allots 43267 equity shares

MindTree Ltd has allotted 4,109 equity shares of Rs. 10/- each fully paid on April 15, 2011 to the employees/directors of the Company pursuant to exercise of stock options granted to them under the 2001 Stock Option Plan (Program 2).

The Company has allotted 12,595 equity shares of Rs. 250/- each fully paid on April 15, 2011 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).

The Company has allotted 26,534 equity shares (of which 16,164 are of Rs. 300/- each, 670 are of Rs. 315/- each and 9,700 are of Rs. 335/- each), fully paid on April 15, 2011 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).

The Company has also allotted 29 equity shares of Rs. 138.88/- each fully paid on April 15, 2011 to the employees/directors of the Company pursuant to exercise of stock options granted to them under the 2008A Stock Option Plan (Program 5).

The stock closed the day at Rs.376.60, down by Rs.8.40 or 2.18%. The stock hit an intraday high of Rs.389.95 and low of Rs.375.10.

The total traded quantity was 2943 compared to 2 week average of 6011.

Source : Equity Bulls

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