WIPRONSEWipro Limited· Computers - SoftwareLowNeutral
Announced Wed, 24 Sept · 15:52 IST

Wipro Limited has informed the Exchange regarding Allotment of 74,248 equity shares under ADS Restricted Stock Unit Plan 2004 and 11,472 equity shares under the Restricted Stock Unit Plan 2007 on September 24, 2025, pursuant to exercise of ESOPs.

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AI summary

Wipro has allotted a total of 85,720 equity shares on September 24, 2025, under two employee stock plans: 74,248 shares under the ADS Restricted Stock Unit Plan 2004 and 11,472 shares under the Restricted Stock Unit Plan 2007. These shares were issued to employees upon the exercise of their ESOPs (Employee Stock Options). This is a routine disclosure required whenever a company issues new shares under its employee stock option schemes.

Likely market impact

This is a small, routine allotment that will have a negligible dilutive effect on existing shareholders given Wipro's large total share base. No material impact on stock price or shareholder value is expected.