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Wipro Ltd Announces Allotment of Equity Shares

Thursday, 1 Aug 2013 02:13am EDT 

Wipro Ltd announced that the Board of Directors vide Circular Resolution effective July 31, 2013 resolved to issue and allot 115,784 equity shares of INR2 each pursuant to exercise of the stock options and to issue and allot 49,317 equity shares of par value of INR2 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.