Wipro allots 47949 Equity Shares

Wipro Ltd has announced that Administrative Committee of the Company's Board of Directors vide Circular resolution dated November 16, 2009 resolved to issue and allot 47949 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2004 and Restricted Stock Unit Plan 2005.

The stock closed the day at Rs.642.30, up by Rs.6.10 or 0.96%. The stock hit an intraday high of Rs.649.25 and low of Rs.636.

The total traded quantity was 195093 compared to 2 week average of 180989.

Source : Equity Bulls

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