Mumbai: Wipro share price is in news on Tuesday as the IT stock trades ex-bonus. In October 2024, the board of directors of the company recommended bonus equity shares in the proportion of 1 bonus equity share for every 1 equity share held. In the last 15 years, Wipro has declared at least three bonus issues. The tech giant had fixed December 3, 2024, as the Record Date to determine the equity shareholders eligible for bonus equity shares. Wipro share price at 9:41 am today – Rs 291.55 apiece.
Wipro’s issuance of bonus equity shares means that the IT company will allot 1 bonus equity share of Rs 2/- each for every 1 (One) fully paid-up equity share held and a bonus issue.
In 2019, Wipro declared a bonus issue in a 1:3 ratio; in 2017 it announced 1:1 bonus issue and , and 1:1 in 2005 and 2004. In 1997, the IT company Wipro declared a 2:1 bonus issue and issued 1:1 bonus shares in 1995 and 1992.
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Wipro will go ex-dividend for its bonus issue on December 3, 2024 (Tuesday) as the shares of the IT company are being distributed in a 1:1 ratio. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
