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Wipro informs about allotment of Equity Shares

13 Jul 2015 Evaluate

Wipro has informed that Administrative Committee of the Company’s Board of Directors vide Circular Resolution effective July 13, 2015 resolved to allot 101717 equity shares of Rs 2 each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2005 and Restricted Stock Unit Plan 2007 and Administrative Committee of the Company’s Board of Directors vide Circular Resolution effective date July 13, 2015 resolved to issue and allot 72100 equity shares of par value of Rs 2 to JP Morgan Chase Bank, the Company’s depository as underlying shares in respect 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 a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2170.40
Infosys 1048.85
HCL Technologies 1239.50
Wipro 165.75
Tech Mahindra 1546.85
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