Wipro Limited has informed the Exchange regarding Allotment of 14,89,948 equity shares under ADS Restricted Stock Unit Plan 2004, 5,02,241 equity shares under the Restricted Stock Unit Plan 2007 and 6,77,423 under Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024 on May 13, 2026, pursuant to exercise of ESOPs.
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Wipro has allotted a total of 26,69,612 equity shares to employees who exercised their stock options. The allotment includes 14,89,948 shares under ADS Restricted Stock Unit Plan 2004, 5,02,241 shares under Restricted Stock Unit Plan 2007, and 6,77,423 shares under Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The shares were allotted on May 13, 2026. This is a routine corporate action following employee stock option exercises, which is standard practice for large IT companies like Wipro.
Minor share dilution for existing shareholders as new shares are issued. The number of shares allotted is relatively small compared to Wipro's total outstanding shares, so the impact on earnings per share is likely negligible.