Tech Mahindra rewards employees with shares worth over Rs 6 lakh as stock options

The shares will be available for Rs 5 each bringing the total to Rs 6,15,525.

FPJ Web DeskUpdated: Monday, December 12, 2022, 04:40 PM IST
article-image
Tech Mahindra issues shares worth over Rs 6 lakh as Employee stock options | Tech Mahindra

Tech Mahindra on Monday in an exchange filing announced that it is allting 1,23,105 equity shares under employees stock options.

The shares will be available for Rs 5 each bringing the total to Rs 6,15,525.

After this the total issues shared would be at 97,36,27,243 which brings the total to over Rs 486 crore.

Tech Mahindra in August allotment 1.05 lakh equity shares for Rs 5 each under ESOP.

(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

6 common money fears and ways to conquer them

6 common money fears and ways to conquer them

Gautam Adani's half wealth goes in a flash

Gautam Adani's half wealth goes in a flash

Interpol extends its jurisdiction into the virtual world, will investigate crimes in metaverse

Interpol extends its jurisdiction into the virtual world, will investigate crimes in metaverse

Tech layoffs: Almost 1 lakh employees fired in January alone

Tech layoffs: Almost 1 lakh employees fired in January alone

International Networking Week: An essential annual event to help people grow together

International Networking Week: An essential annual event to help people grow together