Patni Computer Systems has informed that the compensation and remuneration committee of directors of the company vide resolution dated January 10, 2012 has allotted 1,003,080 equity shares of par value of Rs 2 each to certain option holders, including 30 underlying equity shares of par value of Rs 2 each to the Bank of New York Mellon as a depository in connection with the issuance of 15 American Depositary Shares (ADSs) to foreign based option holder pursuant to the exercise of ADR Linked options granted to him under the company’s stock option plan.
The above information is part of the company’s filing submitted to the BSE.
