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WIPRO LTD. - Outcome of Administrative Committee Meeting
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11 Dec 2012
Wipro Ltd has informed BSE that :&lt;br/&gt;&lt;br/&gt;1. Administrative Committee of the Board of Directors at their meeting held over December 07, 2012, was resolved to issue and allot 29242 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.&lt;br/&gt;&lt;br/&gt;2. Administrative Committee of the Board of Directors at their meeting held over December 07, 2012, was resolved to issue and allot 37201 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.
View all announcements for WIPRO LTD. Source: BSE India