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Mastek Limited Increases Share Capital Through ESOP Allotment

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Mastek Limited Increases Share Capital Through ESOP Allotment

Mastek Limited ( (IN:MASTEK) ) has provided an update.

Mastek Limited has announced the allotment of 59,460 equity shares under its Employee Stock Option Plans (ESOP), following approval from the Stakeholder Relationship Committee of the Board of Directors. This move increases the company’s paid-up share capital and aligns with its strategy to incentivize employees, potentially enhancing workforce motivation and retention.

More about Mastek Limited

Mastek Limited is a company operating in the technology sector, providing IT services and solutions. The company focuses on delivering enterprise-level software and digital transformation services to various industries.

YTD Price Performance: -23.28%

Average Trading Volume: 6,864

Current Market Cap: 73.42B INR

For a thorough assessment of MASTEK stock, go to TipRanks’ Stock Analysis page.

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