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Board of Wipro approves bonus issue in ratio of 1:3

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Capital Market
Last Updated : Jan 18 2019 | 5:50 PM IST

At meeting held on 18 January 2019

The Board of Wipro at its meeting held on 18 January 2019 has approved issue of bonus shares in the proportion of 1:3, that is 1 (One) bonus equity share of Rs. 2/- each for every 3 (Three) fully paid-up equity shares held and a bonus issue [stock dividend on American Depositary Share (ADS)] of 1 (One) ADS for every 3 (Three) ADS held, as on the record date, subject to approval of the Members of the Company.

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First Published: Jan 18 2019 | 5:34 PM IST

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