Wipro Limited has informed the Exchange regarding Allotment of 1,43,040 equity shares under the Restricted Stock Unit Plan 2007 on April 15, 2025, pursuant to exercise of ESOPs.
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Wipro has allotted 1,43,040 equity shares to employees under its Restricted Stock Unit Plan 2007. The allotment took place on April 15, 2025, following the exercise of Employee Stock Options (ESOPs). This is part of the company's ongoing employee stock incentive programme and results in a marginal dilution of existing shareholders. No other material financial details were disclosed in this filing.
This is a routine ESOP allotment with a very small number of shares relative to Wipro's total share base, so the dilution impact is negligible. It is unlikely to have any meaningful effect on the stock price.