Wipro said that administrative committee of the company's board of directors to issue and allot 75,939 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.
Also the company to issue and allot 65,534 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.
