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Wipro allots equity shares

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Capital Market

Under Restricted Stock Unit Plans

Wipro announced that;

1. Administrative Committee of the Board of Directors vide Circular Resolution effective date 17 September 2014 resolved to issue and allot 25759 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 17 September 2014 resolved to issue and allot 14833 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: Sep 18 2014 | 9:27 AM IST

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