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Tech Mahindra allots 110489 equity shares under ESOP

By Religare

Country's leading software exporter Tech Mahindra on Monday said that the securities allotment committee of the board of directors of the company has approved allotment of a total of 110489 equity shares of Rs 5 each under ESOP option.

"The company has allotted 17000 equity shares, on exercise of stock options under ESOP 2000, 21450 under ESOP 2006, 9606 under ESOP 2010, 48929 under TML - ESOP B - 2013 and 13504 under TML - RSU," Tech Mahindra said in a filing to Bombay Stock Exchange.


Meanwhile, shares of company were trading at Rs 559.00 apiece, up 0.69 per cent, from previous close on BSE at 10:45 hours.

Story first published: Monday, August 17, 2015, 12:30 [IST]
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