WIPRO · price
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Wipro has granted a large batch of employee stock-based compensation under its 2024 scheme, effective May 4, 2026. The grant includes 26,500,177 ADS (American Depositary Shares) RSUs and 12,700,858 RSUs, totalling approximately 3.92 crore units. The grants are for identified employees of Wipro and its subsidiary. Vesting will follow a schedule approved by the Nomination and Remuneration Committee, after which employees can exercise within a set period. This is a routine disclosure under SEBI (LODR) regulations governing employee stock option schemes.
This represents equity dilution for existing shareholders, as new RSUs will convert to shares upon vesting. The large grant size (nearly 4 crore units) could moderately dilute EPS over the vesting period, though it also signals management's intent to retain and motivate employees.