Mastek Allots 6,420 Equity Shares Under ESOP

AHMEDABAD | May 27, 2025 — Mastek Limited (BSE: 523704, NSE: MASTEK) has announced that it will be allotting 6,420 equity shares to its eligible employees as part of its ESOP.

Key Allotment Highlights

Eligible employees can exercise their vested stock options to get the allotment of equity shares with ₹5 face value each. The Stakeholder Relationship Committee of the Board of Directors approved the allotment.

Updated Share Capital Structure:

Exercise Price Breakdown

Total allotted shares: 6,420.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 10(c) of the SEBI (Share Based Employee Benefits) Regulations, 2014.

The company allotted shares under its ESOP Plan VII. It was done after receiving in-principle approvals from BSE (October 8, 2013) and NSE (September 16, 2013) for issuance of up to 25,00,000 shares on each exchange.

Company Information

Mastek Limited is an Indian company that specialises in enterprise digital & cloud transformation. It is headquartered in Ahmedabad, Gujarat and serves customers across 40 countries. The company’s shares are listed on both the BSE and NSE under the ISIN INE759A01021.

Outlook

This ESOP allotment explains that the company wants to focus on employee ownership and wants to retain top talent. The allotment may help the company to improve its business in the future.

REF: https://nsearchives.nseindia.com/corporate/MASTEK12_27052025093146_SRCOutcomeLot140signed.pdf