Tech Mahindra Ltd has informed that the resolution passed by the Compensation Committee of the Board of Directors of the Company on April 27, 2009, for grant of 45,000 stock options (covering 45,000 equity shares of the Company) at an exercise price of Rs 340 per share (being the latest available closing price on The National Stock Exchange of India Ltd as of April 24, 2009, in line with the requirements of Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999), to certain employees and directors of the Company and / or its holding and subsidiary Companies, under Employee Stock Option Plan 2006 (ESOP 2006) of the Company.
Monday, April 27, 2009
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