Wipro allots 74757 equity shares

The Administrative Committee of Wipro Ltd's Board of Directors vide Circular resolution dated March 10, 2011 resolved to issue and allot 74757 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.449.20, down by Rs.4.55 or 1%. The stock hit an intraday high of Rs.455.50 and low of Rs.449.

The total traded quantity was 0.57 lakhs compared to 2 week average of 1.13 lakhs.

Source : Equity Bulls

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