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Patni Computer allots equity shares under ESOP

22 Nov 2011 Evaluate

Patni Computer Systems has informed that the compensation and remuneration committee of directors of the company vide resolution dated November 18, 2011 has allotted 91,990 equity shares of par value of Rs. 2 each to certain employees, including 52,130 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 26,065 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.

Peers
Company Name CMP
TCS 2079.30
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