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Wipro informs about allotment of equity shares

24 Aug 2015 Evaluate

Wipro has informed that Administrative Committee of their Board of Directors vide Circular Resolution effective August 21, 2015 resolved to allot 51620 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 resolved to issue and allot 5482 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 2496.00
Infosys 1182.00
HCL Technologies 1428.00
Wipro 198.00
Tech Mahindra 1792.20
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