Wipro Limited has informed the Exchange regarding Allotment of 34,312 equity shares under ADS Restricted Stock Unit Plan 2004 and 1,35,843 equity shares under the Restricted Stock Unit Plan 2007 on July 9, 2025, pursuant to exercise of ESOPs.
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Wipro has allotted 1,70,155 equity shares in total on July 9, 2025, pursuant to the exercise of stock options by its employees. This includes 34,312 shares under the ADS Restricted Stock Unit Plan 2004 and 1,35,843 shares under the Restricted Stock Unit Plan 2007. The allotment is a routine event triggered by employees exercising their vested ESOPs. The new shares will increase the company's total issued share capital marginally. The filing is purely procedural and regulatory in nature, signed by Company Secretary M Sanaulla Khan.
Minimal impact on shareholders — this is a routine ESOP allotment resulting in minor dilution. Existing shareholders' stake will see an insignificant reduction as the number of shares issued is very small relative to Wipro's overall share base.