Which brings us to the issue of Wipro and the bonus share issue. At which point, what happened with Wipro:Wipro made an announcement on bonus shares on April 25, 2017. The ratio was one bonus share for every existing equity share. The record date for bonus issue is June 14, 2017 while the ex-date for the same is June 13. Consequently, Wipro’s share price halved today from Monday’s close of Rs 526 per share.

Source: Forbes June 13, 2017 08:15 UTC