Tech Mahindra to allot shares under ESOS

Tech Mahindra to allot shares under ESOS

The share allotment committee of Tech Mahindra is to issue and allot a total of 6,485 equity shares of Rs 10 each under ESOS (2000 and 2006).

>Incorporated in 1986 and headquartered in Pune in Maharashtra, Tech Mahindra  is a provider of solutions and services to the telecommunications industry. The company is a partnership between Mahindra & Mahindra and British Telecommunications.

The company`s service offerings range from applications development and maintenance, solution integration, product engineering and lifecycle management and testing to high-end and value-added services, such as consulting, managed platforms and managed services.

Shares of the company closed down Rs 7.35, or 0.57%, at Rs 1,287.15. The total volume of shares traded at the BSE&nbsp ;was 57,984. (Monday)

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