Announced Fri, 3 Jul · 18:05 IST
Wipro grants Restricted Stock Units to employees
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WIPRO · price
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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹175.71
prior close
₹176.08
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-0.3-0.4-0.6-1.5-1.6-1.6-0.1+1.5-0.6+1.5———
Up moveDown movePending
AI summary
Wipro has informed the stock exchange about granting Restricted Stock Units to employees. RSUs are share-based awards that give employees company stock once vesting conditions are met over time. The filing does not mention how many units were granted or the recipients. Such grants are a routine part of long-term pay at large IT companies.
Likely market impact
Standard employee stock grant disclosure. RSUs may lead to mild share dilution when they vest, but this is normal practice in the IT sector.