Tech Mahindra Ltd approves grant of 89000 options

The Nomination & Remuneration Committee of Tech Mahindra Ltd at its meeting held on January 29, 2017 approved grant of 89,000 options to employees under ESOP-2014 plan of the Company, convertible in to 89,000 equity shares of the Company.

The Nomination & Remuneration Committee at its meeting held on January 29, 2017 has taken note of the cancellation / lapses of options granted under different schemes.

Shares of TECH MAHINDRA LTD. was last trading in BSE at Rs.448.75 as compared to the previous close of Rs. 451.75. The total number of shares traded during the day was 340004 in over 6910 trades.

The stock hit an intraday high of Rs. 456.95 and intraday low of 436.5. The net turnover during the day was Rs. 150884458.

Source : Equity Bulls

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