Wipro Limited has informed the Exchange regarding Allotment of 14,72,566 equity shares under ADS Restricted Stock Unit Plan 2004 and 4,21,659 equity shares under the Restricted Stock Unit Plan 2007 on May 21, 2025, pursuant to exercise of ESOPs.
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Wipro has allotted 18,94,225 equity shares in total on May 21, 2025, pursuant to the exercise of employee stock options. Out of these, 14,72,566 shares were issued under the ADS Restricted Stock Unit Plan 2004 and 4,21,659 shares under the Restricted Stock Unit Plan 2007. This is part of the company's regular employee stock option programme and is a routine disclosure made to the stock exchanges. The allotment will result in a marginal increase in the company's total outstanding share count.
This is a routine ESOP allotment with a small dilution effect for existing shareholders. It is unlikely to have any meaningful impact on the stock price, as it reflects normal employee compensation activity.