Wipro bonus issue: IT major’s board approves 1:1 issue of free shares; Record date to be fixed soon

Wipro bonus issue: Wipro announced its July-September quarter results for fiscal 2024-25 (Q2FY25) on Thursday, October 17 and approved a bonus issue of shares in the ratio 1:1 of ₹2 each. India’s fourth-largest information technology (IT) services company also said that the record date for the bonus issue will be announced later. The bonus shares will be credited within two months from the date of board approval, i.e., December 15, 2024.