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Wipro allots equity shares

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Capital Market
Last Updated : Apr 04 2014 | 12:04 AM IST

Under Restricted Stock Unit Plans

Wipro has announced that Administrative Committee of the Company's Board of Directors vide Circular Resolution effective date 03 April 2014 resolved :

To issue and allot 137810 equity shares of Rs 2 each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2005 and Restricted Stock Unit Plan 2007.

To issue and allot 2149 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.

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First Published: Apr 03 2014 | 5:17 PM IST

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