Wipro Allotted Equity shares (20-Apr-2010)
Wipro Ltd has informed that Administrative Committee of the Companys Board of Directors vide their circular resolution dated April 19, 2010 resolved :
1. To issue and allot 125043 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.
2. Allotted 8880 equity shares of par value of Rs. 2/- to JP Morgan Chase Bank, the Companys depository as underlying shares in respect of ADRs to be issued and allocated to the purchasers, pursuant to the exercise of the stock options granted to the employees under the Companys ADS Restricted Stock Unit Plan-2004.
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