WIPRONSEWipro Limited· Computers - SoftwareLowNeutral
Announced Tue, 7 Apr · 17:42 IST

Wipro Limited has informed the Exchange regarding 'Grant of Restricted Stock Units'.

Management Changes View source PDF

WIPRO · price

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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹204.60
prior close
₹207.70
base price
After-mkt
timing
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-1.2-1.4-1.9-1.8-0.7+0.0-0.8+2.6+2.7-1.1-1.7-3.3-11.2-15.5
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AI summary

Wipro Limited has granted stock-based compensation to identified employees under its 2024 Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme. The grant comprises 2,51,141 ADS Restricted Stock Units and 4,56,181 Restricted Stock Units, effective April 7, 2026. The vesting schedule and exercise period are as approved by the Nomination and Remuneration Committee of the Board.

Likely market impact

This is a routine equity-based compensation grant to employees. It does not directly impact shareholder value but aligns employee interests with company performance through vesting conditions tied to time or performance metrics.