WIPRONSEWipro Limited· Computers - SoftwareMinimalNeutral
Announced Wed, 20 May · 18:27 IST

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

WIPRO · price

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₹197.20
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AI summary

Wipro Limited has granted 102,475 Restricted Stock Units (RSUs) to its identified employees under the Company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant is effective from May 20, 2026. The vesting of these RSUs will follow a schedule approved by the Nomination and Remuneration Committee of the Board. Once vested, employees can exercise these units over an exercise period as approved by the Committee. This is a routine employee compensation disclosure as part of Wipro's equity-based incentive programme.

Likely market impact

This is a standard employee stock compensation announcement with minimal direct impact on shareholders. The RSU count of 102,475 represents a negligible dilution for a company of Wipro's size and is part of normal talent retention practices.