Wipro - Allotment of Equity Shares
Wipro Ltd has informed BSE about the following:
1. Administrative Committee of the Board of Directors vide their circular resolution dated June 16, 2008 resolved to issue and allot 136862 equity shares of Rs 2/- each pursuant to exercise of the stock options by the eligible employees under the Wipro Employee Stock Options Plan i.e., WESOP 2000.
2. Administrative Committee of the Board of Directors vide their resolution dated June 16, 2008 allotted 20440 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.
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