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Wipro board resolves issue and allotment of shares

22 Jun 2012 Evaluate
Wipro has informed that administrative committee of the company's board of directors vide circular resolution dated June 21, 2012, resolved the issue and allotment of 106085 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.

Further, the board allotted 2833 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 2077.00
Infosys 1009.10
HCL Technologies 1244.85
Wipro 163.60
Tech Mahindra 1546.00
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