WIPRO has fixed December 11, 2020 as record date for its buyback scheme of 23.75 crore equity shares.
The IT company stated in its BSE regulatory filing. “This has reference to our earlier intimations dated October 13, 2020 and November 17, 2020, informing the stock exchanges that the Board of Directors and Shareholders have approved the proposal of the Company to buyback up to 23,75,00,000 (Twenty Three Crores Seventy Five Lakhs only) fully paid-up equity shares of the Company of face value of Rs.2/- (Rupees Two only) each at a price of Rs. 400/- (Rupees Four Hundred only) per equity share.”
“Pursuant to regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regulation 9(i) of SEBI (Buy-Back of Securities) Regulations, 2018 and Clause 204.21 of the NYSE Listed Company Manual, the Company has fixed Friday, December 11, 2020 as the Record Date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback.”
