Zensar Technologies Ltd allots 3775 shares

The Nomination and Remuneration Committee ("the Committee") of the Board of Directors of Zensar Technologies Ltd at its meeting held on July 19, 2018, approved allotment of 3,775 fully paid equity shares of Rs. 10/- each to the employees, against exercise of stock options granted to them.

Further, the Committee granted 603,161 Performance Award Units (PAUs) to the employees, as base count, pursuant to Employees Performance Award Unit Plan 2016 (EPAP 2016), at an exercise price of Rs. 10/- per share, which would vest over a period of 3 years, based on the performance parameters approved by the Committee.

Shares of ZENSAR TECHNOLOGIES LTD. was last trading in BSE at Rs.1231 as compared to the previous close of Rs. 1232.4. The total number of shares traded during the day was 581 in over 106 trades.

The stock hit an intraday high of Rs. 1239.8 and intraday low of 1220.55. The net turnover during the day was Rs. 715868.

Source : Equity Bulls

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