Under Restricted Stock Unit Plans
Wipro announced that:1. Administrative Committee of the Board of Directors vide Circular Resolution effective date 10 December 2014, resolved to issue and allot 42947 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.
2. Administrative Committee of the Board of Directors vide Circular Resolution effective date 10 December 2014 resolved to issue and allot 19434 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.
Powered by Capital Market - Live News