Wipro ( (WIT) ) has issued an announcement.
Wipro Limited announced a postal ballot notice on February 28, 2025, to its shareholders regarding a remote e-voting process for several key resolutions. These include the re-appointment of Mr. Deepak M. Satwalekar as an Independent Director, the migration of shares for restricted stock units to the ADS Restricted Stock Unit Plan 2004, and the extension of benefits under this plan to eligible employees of Wipro and its subsidiaries. The e-voting period is set from March 1 to March 30, 2025, with results to be declared by April 1, 2025. This move is part of Wipro’s ongoing efforts to streamline its corporate governance and enhance employee benefits, potentially impacting its operational efficiency and market position.
More about Wipro
Wipro Limited is a leading global information technology, consulting, and business process services company headquartered in Bangalore, India. The company provides a range of services including IT services, consulting, and business process outsourcing, and is focused on leveraging technology to drive business transformation for its clients across various industries.
YTD Price Performance: -6.03%
Average Trading Volume: 4,946,250
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $33.2B
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