At 11:30 am, Wipro shares traded at Rs 290.4 and Rs 290.3 apiece on BSE and NSE, respectively. Wipro had declared a bonus of 1:1—read as 'one for one' in market parlance, meaning one bonus share for every equity share held.

Under a 1:1 bonus issue, shareholders receive one additional equity share for every share held in the company.

Wipro shares started trading on ex-bonus basis after the company announced a 1:1 bonus share issue. The record date to determine shareholder eligibility was set for December 3, 2024.

Wipro's Q3FY25 guidance of minus 2 per cent to 1 per cent revenue growth in constant currency terms was muted. Analysts expect a gradual recovery in H2FY25 led by ramping of recently signed deals.

If you are a Wipro shareholder as of Dec. 2., the allotment of bonus shares in your demat account will reflect on Dec. 4, a day after the record date.

Wipro and other companies are implementing key corporate actions like bonus issues, stock splits, dividends, and rights offerings. Today, December 3, is the record date to determine shareholder eligibility for these actions.

This is the first instance of Wipro issuing bonus shares after 2019, when the company had issued one bonus share for every three shares held by

Shares of Wipro are in focus today as the stock began trading ex-bonus. The IT major had announced a 1:1 bonus share issue, with December 3 as the record date for determining eligible shareholders.

Wipro, a leading technology services and consulting firm, will issue bonus shares on November 3, Tuesday. As part of this, approximately 2.2 million small shareholders will be eligible to receive one bonus share for every share they hold,