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Wipro allots equity shares

26 Dec 2011 Evaluate

Wipro has informed that administrative committee of the company's board of directors vide circular resolution dated December 23, 2011 resolved to issue and allot 63700 equity shares of Rs. 2 each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2005. Administrative committee of the company's board of directors vide circular resolution dated December 23, 2011 allotted 3251 equity shares of par value of Rs. 2 to JP Morgan Chase Bank, the company's depository as underlying shares in respected of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the Company's ADS Restricted Stock Unit Plan - 2004.

The above information is part of the company’s filing submitted to the BSE. 

Wipro Share Price

204.85 1.95 (0.96%)
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