The company also announced that Administrative Committee of the Company's Board of Directors vide Circular Resolution effective date March 17, 2015 resolved to issue and allot 5139 equity shares of par value of Rs. 2/- to JP Morgan Chase Bank
Wipro Ltd has announced that Administrative Committee of the Company's Board of Directors vide Circular Resolution effective date March 17, 2015 resolved to issue and allot 14643 equity shares of Rs. 2/- each pursuant to exercise of the stock options by the eligible employees under Restricted Stock Unit Plan 2005 and Restricted Stock Unit Plan 2007.
The company also announced that Administrative Committee of the Company's Board of Directors vide Circular Resolution effective date March 17, 2015 resolved to issue and allot 5139 equity shares of par value of Rs. 2/- to JP Morgan Chase Bank, the Company’s 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 Company’s ADS Restricted Stock Unit Plan-2004.
The stock was down 0.335 at Rs 633
The stock has hit a high of Rs 646 and a low of Rs 639.
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