Wipro Limited has informed the Exchange regarding Allotment of 86,854 equity shares under ADS Restricted Stock Unit Plan 2004 and 2,23,510 equity shares under the Restricted Stock Unit Plan 2007 on January 15, 2026, pursuant to exercise of ESOPs.
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Wipro has allotted 3,10,364 equity shares (86,854 under the ADS Restricted Stock Unit Plan 2004 and 2,23,510 under the Restricted Stock Unit Plan 2007) on January 15, 2026. These shares were issued because employees exercised their stock options (ESOPs) that were previously granted to them. This is a routine event where companies issue new shares to employees upon vesting and exercise of their stock options. It leads to a small increase in the total outstanding share count, which causes a marginal dilution for existing shareholders.
This is a regular employee stock option exercise with negligible dilution impact. Investors should expect a minor increase in Wipro's total share count but no material effect on financials or stock price.