ALPHA TRIBE

Tech Mahindra LimitedOthers, 20-06-2025: ESOP/ESOS/ESPS

20-06-2025 | 02:02 pm

Tech Mahindra has announced a board meeting on June 20, 2025, approving the allotment of 63,327 equity shares following the exercise of employee stock options under their 2014 and 2018 ESOP schemes. This includes 47,977 shares from ESOP-2014 and 15,350 from ESOP-2018. The shares have a ₹5 face value, issued at prices ranging from ₹5 to ₹359.59 per share depending on the scheme. Post-allotment, total issued shares stand at 979.2 million with a share capital of ₹489.6 Cr. These shares carry the same rights as existing equity shares, enhancing employee ownership without diluting shareholder value.

No comments yet. Be the first to comment!

All announcements from Tech Mahindra Limited