23 Jan 17 | 16:00
Allotment of Equity Shares |
Wipro Ltd has informed BSE that:
1. Administrative Committee of the Company's Board of Directors vide Circular Resolution effective date February 02, 2015 resolved to issue and allot 40096 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 February 02, 2015 resolved to issue and allot 22558 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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23 Jan 17|18:17 (IST)