Wipro, India's fourth-largest IT services firm, has approved a 1:1 bonus share issue, offering one bonus share for every fully paid-up ₹2 equity share held.
This includes American Depositary Share (ADS) holders who will receive one bonus ADS for every ADS held. The record date, which determines shareholder eligibility, will be revealed soon. Bonus shares will be credited by December 15, 2024, within two months of board approval. The announcement was made alongside Wipro’s Q2FY25 financial results for July-September 2024.