Wipro Proposes Bonus Share Issue for Shareholders
Company Announcements

Wipro Proposes Bonus Share Issue for Shareholders

Wipro (WIT) has released an update.

Wipro has announced a proposal to issue bonus shares to its shareholders, offering one bonus share for every existing share held. This move is intended to capitalize on the company’s reserves and enhance shareholder value. The decision is subject to shareholder approval via a remote e-voting process, with results to be declared in late November 2024.

For further insights into WIT stock, check out TipRanks’ Stock Analysis page.

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