WIPRONSEWipro Limited· Computers - SoftwareLowNeutral
Announced Tue, 24 Mar · 17:43 IST

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

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WIPRO · price

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Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹188.94
prior close
₹189.00
base price
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AI summary

Wipro has granted 5,32,407 ADS Restricted Stock Units and 10,664 Regular Restricted Stock Units to identified employees under the Company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant is effective from March 24, 2026. These units will vest according to the schedule approved by the Nomination and Remuneration Committee and can be exercised over the approved exercise period. This is a routine employee compensation action under an existing stock plan.

Likely market impact

Minor dilution expected upon vesting and exercise, but this is a routine part of Wipro's employee compensation programme and is already factored into the company's equity structure. No material impact on existing shareholders.