Wipro shareholders approve bonus issue, increase in authorised share capital 24 Feb, 2019, 04.46 PM IST. 14/01/2020: 24/01/2020: Interim: 50% Rs.1.0000 per share(50%)Interim Dividend: 18/01/2019: 29/01/2019: Interim: 50% Rs.1.0000 per share(50%)Interim Dividend: 11/01/2018: 31/01/2018: Interim: 50% Rs.1.0000 per share(50%)Interim Dividend: 10/01/2017: 02/02/2017: Interim: 100% Rs.2.0000 per share(100%)Interim Dividend: 20/04/2016: 11/07/2016 Share buybacks improve earnings per share and return surplus cash to shareholders, while also supporting share price during periods of sluggish market conditions. NEW DELHI: Wipro on Sunday said it has received approval from majority of its shareholders for the issue of bonus shares and increase in authorised share capital. Wipro buyback of 23.75 crore equity shares which is around 4.16% of all the existing number of equity shares at a price of ₹400 per equity share.The buyback offer not exceeding of ₹9500 crore of total buyback offer size. ... and till 2020, this number can even fall down. The filing said Wipro has an aggregate amount of Rs 46,847.9 crore as on December 2018 … Wipro considers bonus issue, shares zoom 1 min read. IT services major Wipro posted a 31.8 per cent bump in its consolidated net profit at Rs 2,544.5 crore on Friday for October-December 2018 compared to the same period the year before. Wipro is offering Rs 1 lakh bonus to freshers, and there is some interesting logic behind that. Updated: 06 Mar 2019, 01:19 PM IST Staff Writer. Live Wipro Stock / Share Price - Get live NSE/ BSE Share Price of Wipro , latest research reports, key ratios, fiancials and stock price history of Wipro only at ICICI direct Securities. Shares of Wipro gained 5 per cent to Rs 285 apiece on the National Stock Exchange (NSE) in early morning trade, after the stock turned ex-bonus in the ratio of 1:3. Wipro board on Friday approved an issue of bonus shares wherein shareholders will get one bonus share for every three shares held by them. Updated: 15 Jan 2019, 02:09 PM IST Livemint. In 1985, the company declared 1:1 bonus. In June 2017, the Bengaluru-based company had announced a bonus of one share for each share held. In 1981, the company declared a 1:1 bonus. 10 years ago i.e. Wipro Q3 net rises 34.9%; 1:3 bonus share offer announced The company’s flagship IT services revenues grew 2 per cent to Rs 14,665 crore. Company's authorised share capital stands increased from Rs … Tata Consultancy Services (TCS) had also declared a dividend of Rs 4 per share. Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. He departed after a turbulent four years and falling well short of a target to build Wipro into a $15 billion company by 2020. He now had 200 shares. However in 2010 it gave bonus @2 shares for every 3 held. At day’s high, Wipro shares jumped to ₹ 285.9 on NSE. Also read: Stock split vs bonus share – Basics of stock market. Wipro also announced that they will issue one bonus share for every three held. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. The stock of IT services firm was trading at its highest level since February 24, 2000, on the BSE. IT Major Wipro came out with a steady set of Q3 numbers.Revenue was in-line with estimates, net profit was up by 35% quarter on quarter, exceeding the street expectation. Wipro Buyback Eligible Share Holders: The investors are eligible of the buyback scheme who have Wipro shares in their Demat account as record date is 12 December 2020. Wipro will offer one bonus share for every one share held, the company said, adding that this was done to encourage participation of small investors, increase liquidity and expand retail shareholder base. Capital Appreciation: Let’s find out the current worth of the 100 shares that you bought in 1990. of questions that are asked in Wipro Placement Papers - Aptitude Test (48 mins) Quants; Verbal; Logical Budget 2020; Info-tech ... shares and increase in authorised share capital. In 2007 Wipro face value was Rs 2 and remains the same today. Wipro’s crosstown peer Infosys Ltd. announced a buyback of 10.3 crore shares and a special dividend for shareholders worth over Rs 10,000 crore last week. Tata Consultancy Services Ltd. has given 3 bonuses since July 28, 2006. Wipro Ltd. rose as much as 4.65 per cent to Rs 285.40 on the BSE after it went ex-bonus in the ratio of one bonus share for every three shares held. The pattern is the same as the Normal Wipro Project Engineer role and also Wipro Turbo. The board will also declare an interim dividend, Wipro said in a regulatory filing on Monday. So 100 shares in 2007 became 166 shares in 2010. Wipro - Updates Regarding The Buyback Of Upto 23,75,00,000 Fully Paid Up Equity Shares Of The Company Of The Face Value Of Rs. How his initial investment of Rs.10,000 grew to over Rs.500 crores. Wipro had carried out an Rs 11,000 crore share buyback programme in 2017. Total Number of share= 1,20,000 Net Value = … In US dollar terms, the IT services revenues stood at $2,046.5 million, which was at the middle of the guidance on actual currency basis. The move comes as larger peers like TCS and Infosys have already announced mega share buybacks to offer rich returns to shareholders. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date. Wipro shines on $700-mn Metro-AG deal - 23 Dec 2020 Stocks To Watch In Trade Today: Wipro, Biocon, TVS Motor Company - 29 Dec 2020 Infosys, Wipro blockbuster deals a big boost to Indian IT firms - 23 Dec 2020 Shares of Wipro hit 19-year high of Rs 383.35 apiece, up 1 per cent on the BSE, after the company fixed March 7, 2019, as the record date to determine eligible shareholders entitled to receive the bonus equity shares. 2/- Each At A Price Of Rs. The last Bonus that Tata Consultancy Services Ltd. anoununced was in the ratio 1:1 with ex-date of May 31, 2018. The bonus proposal by Wipro comes on the back of its peer Infosys announcing a share buyback of Rs 8,260 crore at a price not exceeding Rs 800 per share and a special dividend of Rs 4 per share. Infosys Grabs Its 2nd Billion Dollar Deal Of 2020 Even As 99% Staff Is Working From… Business Wipro Declares Permanent Work From Home Till April, 2021; 98% Workforce Not Going… Wipro's board has also approved an issue of bonus shares — offering one bonus share for every three held by shareholders, a regulatory filing said. Wipro shares jump 5%, stock trades ex-bonus 1 min read. Wipro board on Friday approved an issue of bonus shares wherein shareholders will get one bonus share for every three shares held by them. Wipro Ltd will issue bonus shares in the ratio of 2:3 - two additional shares for every three shares held by shareholders. Margins too came in at 19.8%, 200 basis points above street expectations. Wipro said it would consider a bonus issue of shares to shareholders, its second in two years, on January 18 when the company announces its quarterly results. Deal Date Type Qty Rate T/O (Cr.) (Its revenue for the year ended in March was $8.1 billion.) 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