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Thursday, August 9, 2007

NIIT Technologies allots shares under ESOP 2005

The share allotement committee of the board of directors of NIIT Technologies allotted 1,550 equity shares of Rs 10 each in accordance with the terms of ESOP 2005.
The above decision was taken by the committee at its meeting held on Aug. 09, 2007.
NIIT Technologies registered a 29.75% growth in net profits to Rs 288.70 million for the quarter ended June 2007 as compared with Rs 222.50 million in the corresponding quarter, last year.

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