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Wipro approaches SEBI for inclusion of ADR as an option to attain 25% public float

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  • Published On: July 20, 2010
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IT major Wipro has approached SEBI for inclusion of ADR as an option to attain 25 per cent public float norms. Wipro expects SEBI to relax one year time frame for a 5 per cent dilution to 2 to 3 yrs so that maximum premium can be realized.

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