Monday, March 24, 2008

Patni Computer - Allotment Of Equity Shares

Patni Computer Systems Ltd has informed that the Compensation & Remuneration Committee of Directors of the Company vide resolution dated March 19, 2008 allotted 29,175 equity shares of par value of Rs 2/- each to certain employees including 28,750 underlying equity shares of par value of Rs 2/- each to Bank of New York as Depository in connection with the issuance of 14,374 American Depositary Shares (ADSs) pursuant to the exercise of options by employees.

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