Wipro Limited on Friday allotted 1,32,512 shares to employees as stock option, the company announced through an exchange filing. 35,480 were allotted under the Restricted Stock Unit under Restricted Stock Unit Plan 2007 and 97,032 Restricted Stock units under ADS Restricted Stock Unit Plan 2004.
These shares were approved by the Nomination and Remuneration Committee of the Board and will be exercised over the exercise period as approved by the Committee.
Wipro on March 21 announced allotment of 1,39,579 equity shares to employees as stock option.
Wipro shares
The shares of Wipro on Friday closed at Rs 361.25, down by 0.069 per cent.