Wipro allots 109980 Equity Shares

The Administrative Committee of Wipro Ltd's Board of Directors resolved to issue and allot 109980 equity shares of Rs. 2/- each vide Circular resolution dated February 25, 2011. The shares are allotted pursuant to exercise of the stock options by eligible employees under Restricted Stock Unit Plan 2004, Restricted Stock Unit Plan 2005.

The stock was trading at Rs.442.25, up by Rs.9.20 or 2.12%. The stock hit an intraday high of Rs.442.60 and low of Rs.434.80.

The total traded quantity was 0.97 lakhs compared to 2 week average of 1.63 lakhs.

Source : Equity Bulls

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