Wipro’s Bonus Share Record Date Set for December 03, 2025: What It Means?

When discussing companies with a strong track record of rewarding shareholders through bonus shares, Wipro often stands out. As the fourth-largest Indian IT services company, Wipro reported revenues of Rs 89,760 crore in FY2024. Owned largely by the Premji Family, which holds a 72.82% equity stake as of June 2024, Wipro has a legacy of shareholder-centric initiatives.

Recently, the company announced a 1:1 bonus share issuance, with December 03, 2024, set as the record date. Here’s a detailed look at what the record date signifies and Wipro’s history of rewarding investors with bonus shares.

Wipro Bonus Share Record Date: What It Means For Shareholders?

The record date is a key concept in corporate actions like bonus issues. It is the cut-off date on which a company determines its eligible shareholders for the bonus shares. If you hold Wipro shares in your demat account on this date, you are entitled to receive the bonus shares.

Ex-Bonus Trading

After the record date, the stock begins trading ex-bonus on the stock exchanges. Ex-bonus refers to the adjustment of the stock price to reflect the issuance of additional shares. For instance, in a 1:1 bonus issue, the stock price generally halves since the number of outstanding shares doubles while the company’s market capitalisation remains unchanged.

When Will the Bonus Shares Be Credited?

Wipro has stated that the bonus shares will be credited within 2 months from the board’s approval, which was granted in October 2024. Eligible shareholders can expect their bonus shares to be credited by December 15, 2024. This credit date is when the bonus shares will officially appear in shareholders’ demat accounts.

Wipro’s History of Bonus Shares

Wipro has a rich history of issuing bonus shares, starting in 1971. The company has rewarded its shareholders with bonus shares multiple times, creating substantial long-term value for its investors.

Here’s a snapshot of Wipro’s bonus share history:

• 1981 to 1996: Six bonus share issues.
• 1997: Bonus issue at a 2:1 ratio.
• 2004 and 2005: Two bonus issues in consecutive years.
• 2010: Issued bonus shares in a 2:3 ratio.
• 2017: Bonus issue in the ratio of 1:1.
• 2019: Bonus issue in the ratio of 3:1.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.