Tech Mahindra allots equity shares under employee stock option plans
Tech Mahindra (BSE: 532755) announced the allotment of 63,327 equity shares under its Employee Stock Option Plans (ESOP) as of June 20, 2025. The allotment was approved by the Securities Allotment Committee of the Board of Directors. Specifically, 47,977 shares were allotted under the Employee Stock Option Plan 2014 (ESOP-2014) and 15,350 shares were allotted under the Employee Stock Option Scheme 2018 (ESOP-2018). Of the total, 62,577 shares were issued at a price of INR5.00 each, and 750 were issued at a price of INR359.59 each, including a premium of INR354.59. Following this allotment, the total issued shares stand at 979,207,885, with a total issued share capital of INR4,896,039,425. The newly issued shares rank pari passu with the existing equity shares of the company.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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