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Updated: 19/08/2008 | 12:00 AM IST
Satyam Computer Services allots equity shares
Capital Market
Tuesday, August 19, 2008 (New Delhi)
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Under stock option plans

The committee of Satyam Computer Services has allotted 148,736 equity shares under stock option plans of the company.

Consequent to the above allotment, the paid up share capital of the company has gone up from 673,008,381 equity shares of Rs 2 each aggregating Rs 1,346,016,762 to 673,157,117 equity shares of Rs 2 each aggregating Rs 1,346,314,234.

These shares were allotted by the comittee of directors through circular resolution on 19 August 2008.

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The funds raised through preferential allotment of shares will get pumped back into the company so I suggest the investors hold the stock
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