Wipro Limited has informed the Exchange regarding Allotment of 84,970 equity shares under ADS Restricted Stock Unit Plan 2004 and 77,676 equity shares under the Restricted Stock Unit Plan 2007 on June 21, 2025, pursuant to exercise of ESOPs.
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Wipro has allotted a total of 162,646 equity shares on June 21, 2025, pursuant to the exercise of employee stock options. This includes 84,970 shares under the ADS Restricted Stock Unit Plan 2004 and 77,676 shares under the Restricted Stock Unit Plan 2007. The allotment is a routine event tied to the company's employee incentive schemes. There is no indication of any fundraising or capital raise from the market through this action.
This is a routine, minor share allotment under existing employee stock option plans. It will have negligible impact on the stock price and only marginally increases the total share count.