Patni Computer Systems Ltd has informed BSE that the Compensation & Remuneration Committee of Directors of the Company vide resolution dated March 19, 2008 allotted 29,175 equity shares of par value of Rs 2/- each to certain employees including 28,750 underlying equity shares of par value of Rs 2/- each to Bank of New York as Depository in connection with the issuance of 14,374 American Depositary Shares (ADSs) pursuant to the exercise of options by employees.