Infosys (NSE:INFY, BOM:500209) allotted 44,116 equity shares of face value of 5 Indian rupees each to eligible employees upon exercise of Restricted Stock Units under its employee stock-based compensation plans.
The allotment comprised 10,925 shares under the 2015 plan and 33,191 shares under the 2019 program, according to an Indian bourse filing on Friday.
Shares of the company fell nearly 1% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.