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Board of Wipro approves bonus issue in ratio of 1:3

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Capital Market

At meeting held on 18 January 2019

The Board of Wipro at its meeting held on 18 January 2019 has approved issue of bonus shares in the proportion of 1:3, that is 1 (One) bonus equity share of Rs. 2/- each for every 3 (Three) fully paid-up equity shares held and a bonus issue [stock dividend on American Depositary Share (ADS)] of 1 (One) ADS for every 3 (Three) ADS held, as on the record date, subject to approval of the Members of the Company.

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First Published: Jan 18 2019 | 5:34 PM IST

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