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| Stubbing Fraudulent and Unfair Trade practices in the Securities Market |
Wipro securities are listed on all the major Stock Exchanges in India and its ADRs (American Depositary Receipt) are listed on the NYSE (New York Stock Exchange). Wipro is committed to comply with securities laws in all jurisdictions in which Wipro’s securities are listed. Wipro prohibits fraudulent and unfair trade practices in the securities market, with regard to the securities of Wipro or of any company Wipro has business dealings with. This policy shall apply to directors and employees of Wipro.
Guidelines specify that no director or employee shall make any misleading statement or give information that he is unsure of, which is likely to affect the trade or market price of securities. They also have to refrain from indulging in unfair trade practices like intentional delay in transfer of securities, falsifying records, artificially raising or depressing the prices of securities or causing any fluctuations in the market price of securities.
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