Wipro Ltd Grants Restricted Stock Units

Wipro Ltd has granted Restricted Stock Units with effect from June 05, 2015 to its identified employee. 20,000 (Twenty thousand) granted under Wipro's ADS Restricted Stock Unit Plan 2004.

The grants of above stock options are in line with SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, as amended from time to time and as per the terms of the Stock Option Plans.

These stock options shall vest as per the vesting schedule approved by the Board Governance, Nomination and Compensation Committee of the Board and can be exercised over the exercise period as per the Stock Option Plans.

Shares of WIPRO LTD. was last trading in BSE at Rs.553.5 as compared to the previous close of Rs. 555.7. The total number of shares traded during the day was 46496 in over 1829 trades.

The stock hit an intraday high of Rs. 561.5 and intraday low of 551. The net turnover during the day was Rs. 25849642.

Source : Equity Bulls

Keywords