Stock

Infosys gives stock to 6,949 mid-level employees

(Photo: Reuters)

Bengaluru: Software major Infosys has granted stock incentives to 6,949 mid-level employees under the 2015 compensation plan, it said in a BSE filing on Thursday.

“Around 2.2-lakh stock incentives in the form of restricted stock units were granted to 6,499 mid-level employees under the compensation plan,” it said.

The date of grant is November 1 and the price will be the par value of shares of 5 face value.

The company’s blue-chip scrip lost 15.35 to quote at 635.40 at the end of Thursday’s trading on the BSE as against 650.75 closing price on Wednesday and opening rate of 650.70.

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