Wipro Limited has informed the Exchange regarding Allotment of 3,25,166 equity shares under ADS Restricted Stock Unit Plan 2004, 86,666 equity shares under the Restricted Stock Unit Plan 2007 and 3,30,086 (including ADSs and RSUs) equity shares under Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024 on June 9, 2026, pursuant to exercise of ESOPs.
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Wipro has allotted a total of 7,41,918 equity shares to employees on June 9, 2026, following the exercise of stock options and RSUs. This includes 3,25,166 shares under the ADS Restricted Stock Unit Plan 2004, 86,666 shares under the Restricted Stock Unit Plan 2007, and 3,30,086 shares under the Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. Such allotments are part of Wipro's ongoing employee stock-based compensation programme. The shares were issued under approved employee benefit schemes, indicating continued participation from employees in the company's long-term incentive plans.
This is a routine ESOP allotment resulting in minor equity dilution. It is unlikely to materially affect the stock price, as it reflects regular employee compensation activity rather than any strategic corporate action.