TCS
to seek nod for ESPS equity shares
Financial Express — September 3, 2004
Tata
Consultancy Services Ltd has informed The Stock
Exchange, Mumbai (BSE) that the Company will seek
members approval through Postal Ballot to offer,
issue and allot Equity Shares not exceeding 18,22,000
under Employee Share Purchase Scheme (ESPS) to
select employees and Directors of the Company.
The company will also seek members approval to
offer issue and allotment 4,55,500 Equity Shares
to select employees and Directors of its subsidiaries
and to offer issue and allot under ESPS 22,77,500
Equity shares to select employees of the Company
and its subsidiaries.
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