WIPRO · price
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Wipro Ltd has granted 102,475 Restricted Stock Units (RSUs) to its identified employees under the Company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant is effective from May 20, 2026. The RSUs will vest according to a schedule approved by the Nomination and Remuneration Committee of the Board. Once vested, employees can exercise these units over the exercise period as approved by the Committee. This is a routine equity-based compensation announcement as part of Wipro's employee retention and incentive programme.
The RSU grant represents standard employee compensation and has minimal impact on shareholder value due to the small number of units relative to Wipro's total share base. Such grants help align employee interests with shareholders and support talent retention.