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Info-Tech
Wipro allots equity shares

MUMBAI: Wipro Ltd said that the administrative committee of the company's board of directors has decided to issue and allot 3400 equity shares of Rs 2 each pursuant to exercise of the stock options by the eligible employees under the Wipro Employee Stock Options Plan.

The committee has also decided to allot 51520 equity shares of Rs 2 to JP Morgan Chase Bank, the company's depository as underlying shares in respect of ADRs to be issued.

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