Don’t miss the latest developments in business and finance.

Wipro allots equity shares

Image
Capital Market
Last Updated : Jan 13 2015 | 1:33 PM IST

Under Restricted Stock Unit Plans

Wipro announced that:

1. Administrative Committee of the Company's Board of Directors vide Circular Resolution effective date 12 January 2015 resolved to issue and allot 47341 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 Company's Board of Directors vide Circular Resolution effective date 12 January 2015 resolved to issue and allot 16142 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 stock options granted to the employees under the Company's ADS Restricted Unit Plan- 2004.

Powered by Capital Market - Live News

More From This Section

First Published: Jan 13 2015 | 12:00 PM IST

Next Story