Wipro Limited has informed the Exchange regarding 'Grant of Restricted Stock Units'.
WIPRO · price
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Wipro Limited has announced the grant of 265,001,777 ADS Restricted Stock Units and 127,008,58 Restricted Stock Units to identified employees of the Company and its subsidiary. The grants are effective from May 4, 2026, and are made under the Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The vesting will follow schedules approved by the Nomination and Remuneration Committee, with an exercise period also approved by the Committee. This is a routine disclosure filed with the exchanges as per regulatory requirements.
This is a standard ESOP-related disclosure with no immediate financial impact. However, the large number of RSUs granted could lead to shareholder dilution over the vesting period. Shareholders should monitor future quarterly results for stock-based compensation expenses.