Wipro Limited has informed the Exchange regarding Allotment of 66,880 equity shares under ADS Restricted Stock Unit Plan 2004 and 35,646 equity shares under the Restricted Stock Unit Plan 2007 on April 7, 2026, pursuant to exercise of ESOPs.
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Wipro Limited has allotted 102,526 equity shares in total on April 7, 2026. Of these, 66,880 shares were allotted under the ADS Restricted Stock Unit Plan 2004 and 35,646 shares under the Restricted Stock Unit Plan 2007. The allotments were made pursuant to the exercise of Employee Stock Option Plans (ESOPs) by eligible employees. This is a routine corporate action where employees converted their stock options into equity shares.
This represents a minor dilution of equity as shares are issued to employees upon exercise of ESOPs. The impact on stock price is typically neutral to slightly negative due to dilution, though the number of shares is relatively small compared to Wipro's total equity base.