Mastek Allots 3,013 Equity Shares Under ESOP
Mastek Limited announced the allotment of 3,013 equity shares of Rs. 5 each under its Employee Stock Option Plans (ESOP). The Stakeholder's Relationship Committee of the Board of Directors approved th...
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Why is Mastek Limited in the news today?
Mastek Limited (MASTEK) is in the news due to the announcement is a routine allotment of shares under an employee stock option plan, which is a standard corporate action and does not significantly impact the company's financials or strategic direction.
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Mastek Allots 3,013 Equity Shares Under ESOP
December 30, 2025, 11:24 AM
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More Details on This News
Mastek Limited announced the allotment of 3,013 equity shares of Rs. 5 each under its Employee Stock Option Plans (ESOP). The Stakeholder's Relationship Committee of the Board of Directors approved this allotment to eligible employees who exercised their vested options.
Consequent to this allotment, the company's paid-up share capital has increased. The total number of equity shares has risen from 3,09,86,639 to 3,09,89,652, with the aggregate value increasing from Rs. 15,49,33,195 to Rs. 15,49,48,260.
The newly allotted shares will rank pari-passu with the existing equity shares of the company in all respects. Details of the allotment are in compliance with Regulation 10(c) of the SEBI (Share Based Employee Benefits) Regulations, 2014.
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