Wipro allots 191868 equity shares

Wipro Ltd has announced that Administrative Committee of the Company's Board of Directors vide Circular resolution dated May 21, 2010 resolved to issue and allot 191868 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 was trading at Rs.648.50, up by Rs.6.90 or 1.08%. The stock hit an intraday high of Rs.654 and low of Rs.636.85.

The total traded quantity was 97408 compared to 2 week average of 124411.

Source : Equity Bulls

Keywords