Wipro's Board of Directors will consider the bonus issue of shares in the upcoming board meeting. Wipro said in a statement to BSE that the company's board meeting is expected to be held on October 17. In an exchange filing, the company said, "The Board of Directors of the company will consider the proposal to issue bonus shares in accordance with the applicable provisions of the Companies Act, 2013, SEBI Regulation, 2018 in its meeting to be held on October 16-17, 2024."

The IT company is going to consider announcing the results of the July to September quarter and issuing bonus shares in its board meeting to be held on Thursday, October 17. According to the official website of the IT company, the company will release its second quarter results after the market closes on Thursday.

How many bonus shares so far The company will issue bonus shares for the 14th time in its 50 years. The company issued bonus shares for the first time in October 1971 in the ratio of 1:3. After this, the company issued bonus shares in October 1981 in the ratio of 1:1. In April 2010, the company issued bonus shares in the ratio of 2:3. In January 2019, the company issued bonus shares in the ratio of 1:3. According to the company's website, "The results for the second quarter ending September 30, 2024 will be announced on Thursday, October 17, 2024, after the trading hours of the stock market in India." After the announcement of the results, the company will discuss the financial performance of the September quarter and answer questions. Share performance On Friday, the company's share closed at Rs 528.45 with a rise of 0.66 percent; in the last one year, the company's share has seen an increase of 28.56 percent.