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Business Daily from THE HINDU group of publications Monday, December 7, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1035 hrs (IST)
Book Closures/Dividends Wipro to allot equity shares under employees stock option MUMBAI: Wipro Ltd has informed BSE that the administrative committee of the board of directors vide circular resolution dated December 4, 2009 resolved to issue and allot 82,801 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 board also allotted 9,230 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. — Our Bureau
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