Wipro Limited has informed the Exchange regarding Allotment of 1,07,544 equity shares under ADS Restricted Stock Unit Plan 2004 and 56,821 equity shares under the Restricted Stock Unit Plan 2007 on April 5, 2025, pursuant to exercise of ESOPs.
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Wipro has allotted 1,07,544 equity shares under its ADS Restricted Stock Unit Plan 2004 and 56,821 equity shares under its Restricted Stock Unit Plan 2007 on April 5, 2025. These allotments were made following the exercise of Employee Stock Options (ESOPs) by eligible employees. The total shares issued under this announcement come to 1,64,365 equity shares. This is a routine disclosure informing the exchange about share issuances under existing employee benefit schemes.
This is a routine ESOP allotment with minimal impact on shareholders. It results in a marginal dilution of equity but is part of Wipro's pre-approved employee compensation plans, so no material effect on stock price is expected.