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Wipro informs about allotment of equity shares

13 Oct 2015 Evaluate

Wipro has informed that administrative committee of the Company’s Board of Directors vide Circular Resolution effective October 12, 2015 resolved to allot 42980 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 October 12, 2015 resolved to issue and allot 11098 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.

Wipro Share Price

202.40 -1.95 (-0.95%)
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