SQS India BFSI Ltd allots 15210 shares

The Board of Directors of SQS India BFSI Ltd at its meeting held on January 28, 2016, has allotted 15,210 Equity Shares to 5 Employees of the Company under "Thinksoft - Employee Stock Option Scheme 2011".

The Board has accepted the resignation of Dr. Martin Muller, Managing Director and CEO with effect from March 31, 2016.

The Board has approved Notice of Postal Ballot seeking approval from the shareholders towards appointment of Ms. Aarti Arvind as Managing Director and CEO and Mr. N. Vaidyanathan as Executive Director of the Company with effect from April 01, 2016.

The Board has approved the revised Code of Conduct to Regulate, Monitor and Report Trading by Insiders of the Company.

Shares of THINKSOFT GLOBAL SERVICES LTD. was last trading in BSE at Rs.949.5 as compared to the previous close of Rs. 980. The total number of shares traded during the day was 2774 in over 385 trades.

The stock hit an intraday high of Rs. 1004.5 and intraday low of 945. The net turnover during the day was Rs. 2694855.

Source : Equity Bulls

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