Business Standard

Wednesday, December 25, 2024 | 01:30 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Wipro allots equity shares

Image

Capital Market

Under Restricted Stock Unit Plans

Wipro announced that:

1. Administrative Committee of the Company's Board of Directors vide Circular Resolution effective date 17 October 2014 resolved to issue and allot 103089 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 17 October 2014 resolved to issue and allot 164230 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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 21 2014 | 12:52 PM IST

Explore News