Wipro will be announcing its Q2 FY25 results on October 17. Along with the results, the Bengaluru-based IT firm's board will also deliberate on issuing bonus shares to eligible shareholders. If declared,

Wipro remains the Nifty or Non-Nifty constituent that has issued the most number of bonus shares to its shareholders in its history as a public company.

The IT firm announced bonus shares last time in 2019, when it had issued one bonus share for every three shares held by shareholders.

Wipro shares are anticipated to gain attention on Monday after the company announced its board will consider issuing bonus shares alongside its Q2 2024 financial results. Bonus shares, which are additional fully paid shares given to existing shareholders,

Wipro Ltd's board of directors is set to deliberate on a potential bonus issue of shares during its upcoming board meeting on October 17, according to a company filing on October 13. The IT giant will also announce its second-quarter financial results during this meeting,

The IT firm is also poised to announce its second quarter results and consider an issue of bonus shares in its board meeting scheduled on, October 17.

In an exchange filing, the company stated that its board would discuss the proposal for issuing bonus shares in accordance with the applicable provisions of the Companies Act, 2013, during a meeting scheduled for October 16-17.

IT firm Wipro on Sunday said its board of directors will consider the issue of bonus shares at a meeting scheduled to be held on October 16-17, 2024. Wipro is set to announce its Q2 FY25 results on October 17, 2024.