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Patni Computer allots 1 lakh shares to employees
BS Reporter / Mumbai Sep 18, 2009, 12:50 IST

Infotech firm Patni Computer Systems today said it has allotted 101,900 equity shares of Rs 2 each to certain employees of the company.

The alloted shares include 50,000 underlying equity shares of Rs 2 each with Bank of New York as depository in connection with issuance of 25,000 American Depository Shares (ADS) pursuant to exercise of ADR linked options.

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patni computer systems
The company's stock was trading at Rs 454.30, nearly 1 per cent lower than Thursday's close.

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