The Hindu Business Line : Wipro ESOP allotment

Wipro Ltd has informed the BSE that the Administrative Committee of the company's board of directors vide the resolution dated February 14 has resolved to issue and allot 95,130 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. It has also agreed to allot 17,400 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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