WIPROBSEWipro LtdMediumNeutral
Announced Wed, 6 May · 10:20 IST

Allotment of Equity Shares

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WIPRO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹200.08
prior close
₹200.05
base price
In-mkt
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+0.0-0.1-0.1-0.1-1.3-1.1-1.9-4.9-6.0-4.9+0.8-9.2-12.9
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AI summary

Wipro Ltd has allotted a total of 54,49,396 equity shares (approximately 5.45 million shares) to employees pursuant to the exercise of stock options. The allotment was done under three plans: ADS Restricted Stock Unit Plan 2004 (38,24,940 shares), Restricted Stock Unit Plan 2007 (1,59,198 shares), and Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024 (14,65,258 shares). The shares were allotted on May 5, 2026. This is a routine filing reflecting employee stock compensation and will result in equity dilution for existing shareholders.

Likely market impact

This represents routine equity dilution from employee stock compensation. The impact on the stock price is expected to be minimal as ESOP exercises are a regular corporate action. Existing shareholders will see marginal dilution to their holdings.