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Monday, January 10, 2011

Allotment of equity shares under Company's Stock Option Plan

Patni Computer Systems Ltd has informed BSE that the Compensation & Remuneration Committee of Directors of the Company vide resolution dated January 07, 2011 has allotted 232,250 equity shares of par value of Rs. 2/- each to certain employees including 31,820 underlying equity shares of par value of Rs. 2/- each to Bank of New York Mellon as a Depository in connection with the issuance of 15,910 American Depositary Shares (ADSs) pursuant to the exercise of ADS Linked options.

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