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Wipro Ltd Announces Allotment Of Equity Shares

Monday, 24 Dec 2012 06:39am EST 

Wipro Ltd announced that it has resolved to issue and allot 32, 603 equity shares of INR2 each pursuant to exercise of the stock options. The Company also announced that it has resolved to issue and allot 38, 663 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 granted to the employees under the Company’s ADS Restricted Stock Unit Plan- 2004. 

Company Quote

3.45 +0.62%
6:28am EDT