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Mastek allots equity shares

Capital Market 

Under ESOP

announced that at a meeting of Stakeholder Relationship Committee (SRC) of the Board of Directors of the Company, held on 17 October 2016. SRC has allotted 48,399 Equity Shares of Rs. 5/- each (Face Value) to the eligible employees who exercised their vested options under the Company's Employee Stock Option Schemes (ESOP). The said equity shares shall rank pari-passu with the existing equity shares of the Company in all respects.

Resultantly, the paid up share capital of the Company stands increased to 2,32,91,519 Equity Shares amounting in aggregate to Rs. 11,64,57,595/-.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 17 2016. 13:37 IST