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Wipro Ltd announces issue and excercise of shares


Monday, 20 Jan 2014 04:48am EST 

Wipro Ltd:Says issue and allot 32227 equity shares of 2 Indiain Rupee each pursuant to exercise of the stock options by the eligible employees under restricted stock unit plan 2005 and restricted stock unit plan 2007.Says issue and allot 13843 equity shares of par value of 2 Indian Rupee to JP Morgan Chase Bank, the Company’s depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers.Says pursuant to the exercise of the stock options granted to the employees under the Company’s ADS Restricted Stock Unit Plan- 2004.