Wipro Limited has informed the Exchange regarding 'Allotment of 16,55,302 equity shares under ADS Restricted Stock Unit Plan 2004 and 2,86,084 equity shares under the Restricted Stock Unit Plan 2007 on May 15, 2025, pursuant to exercise of ESOPs.
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Wipro has allotted a total of 19,41,386 equity shares to its employees on May 15, 2025, following the exercise of stock options. Of these, 16,55,302 shares were issued under the ADS Restricted Stock Unit Plan 2004, and 2,86,084 shares were issued under the Restricted Stock Unit Plan 2007. The allotment is part of the company's existing employee stock option programmes and is a routine corporate action. There is no change to the company's capital structure beyond this planned share issuance.
Minor dilution for existing shareholders due to fresh share issuance, but this was already expected as part of Wipro's employee compensation plans and is unlikely to materially affect the stock price.