Wipro Ltd allots 68319 Equity Shares

The Administrative Committee of Board of Directors of Wipro Ltd vide Circular Resolution effective September 07, 2015 resolved to allot 63385 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.

The Administrative Committee of Board of Directors vide Circular Resolution effective date September 07, 2015 resolved to issue and allot 4934 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.

Shares of WIPRO LTD. was last trading in BSE at Rs.562.3 as compared to the previous close of Rs. 551.9. The total number of shares traded during the day was 63604 in over 2415 trades.

The stock hit an intraday high of Rs. 564 and intraday low of 545. The net turnover during the day was Rs. 35599034.

Source : Equity Bulls

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