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Tech Mahindra informs about allotment of Bonus Shares

23 Mar 2015 Evaluate

Tech Mahindra has informed that as the Securities Allotment Committee of the Board of Directors of the Company on March 21, 2015, passed a resolution for allotment of 24,01,61,577 shares of Rs 10  each to be issued in split form equivalent to 48,03,23,154 equity shares of Rs 5 each of the Company to the shareholders who held the shares on the Record Date that is, March 20, 2015 as Bonus shares in the ratio of 1:1 and the Securities Allotment Committee of the Board of Directors of the company has also taken note of the auto corporate action for sub-division of shares effected on March 21, 2015 in the ratio of 2:1 for the shares held on the Record Date that is, March 20, 2015.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2200.00
Infosys 1031.55
HCL Technologies 1200.10
Wipro 166.15
Tech Mahindra 1519.45
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