Wipro allots 228069 Equity Shares

Wipro Ltd has announced that Administrative Committee of the Company's Board of Directors vide Circular resolution dated February 09, 2011 resolved to issue and allot 228069 equity shares of Rs.2/- each pursuant to exercise of the stock options/ restricted stock units by eligible employees under Restricted Stock Unit Plan 2004, Restricted Stock Unit Plan 2005 and WESOP 2000 PLAN.

The stock was trading at Rs.413.05, down by Rs.5 or 1.20%. The stock hit an intraday high of Rs.422.90 and low of Rs.407.35.

The total traded quantity was 0.88 lakhs compared to 2 week average of 1.67 lakhs.

Source : Equity Bulls

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