WIPROBSEWipro LtdLowNeutral
Announced Fri, 22 May · 18:41 IST

Allotment of Equity Shares

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WIPRO · price

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Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹202.97
prior close
₹207.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-0.7-1.0-0.7+0.3-0.6+0.6+1.7+3.5+0.5-10.0-13.7-12.1
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AI summary

Wipro Ltd has allotted a total of 52,56,514 equity shares (approximately 5.26 million shares) across three employee stock ownership plans on May 22, 2026. The allotments include 25,50,116 shares under the ADS Restricted Stock Unit Plan 2004, 13,36,012 shares under the Restricted Stock Unit Plan 2007, and 13,70,386 shares under the Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. All shares were issued pursuant to the exercise of Employee Stock Options (ESOPs) by eligible employees.

Likely market impact

This is routine ESOP exercise and issuance of shares to employees, which will cause minor equity dilution for existing shareholders. The impact on the stock price is expected to be negligible as this represents a small percentage of total shares outstanding.