Mastek Ltd allots 34486 Equity Shares under ESOP Scheme

A meeting of Investor Grievances and Stakeholder Relationship Committee of the Board of Directors of Mastek Ltd, held on March 11, 2016, has allotted 34,486 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 with the existing equity shares of the Company.

Resultantly, the paid up share capital of the Company stands increased to 22,997,274 Equity Shares amounting in aggregate to Rs. 114,986,370.

Shares of MASTEK LTD. was last trading in BSE at Rs.120.3 as compared to the previous close of Rs. 120. The total number of shares traded during the day was 16665 in over 564 trades.

The stock hit an intraday high of Rs. 123.4 and intraday low of 118.8. The net turnover during the day was Rs. 2006182.

Source : Equity Bulls

Keywords