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Wipro allots equity shares

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Capital Market

Under Restricted Stock Unit Plan

Wipro announced that:

1. Administrative Committee of the Company's Board of Directors vide Circular Resolution effective 29 October 2015 resolved to allot 51969 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 29 October 2015 resolved to issue and allot 97130 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: Oct 30 2015 | 4:40 PM IST

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