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Wipro resolves issue and allotment of equity shares

06 Feb 2013 Evaluate
Wipro has informed that Administrative Committee of the company’s board of directors at their meeting held over February 05, 2013 was resolved to issue and allot 73780 equity shares of Rs. 2 each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004, Restricted Stock Unit Plan 2005 and Restricted Stock Unit Plan 2007and 10146 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

204.35 -5.85 (-2.78%)
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