Wipro - Allotment of equity shares
Wipro Ltd has informed BSE that Administrative Committee of the Company's Board of Directors vide their Circular resolution effective December 12, 2007 resolved the following:
1. To issue and allot 1700 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. Allotted 6000 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.
3. To issue and allot 16040 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 and Restricted Stock Unit Plan 2004.
1. To issue and allot 1700 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. Allotted 6000 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.
3. To issue and allot 16040 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 and Restricted Stock Unit Plan 2004.
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