Wipro Limited has informed the Exchange regarding 'Grant of Restricted Stock Units'.
WIPRO · price
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Wipro has granted 2,03,883 ADS Restricted Stock Units and 30,361 Restricted Stock Units to identified employees, including those of its subsidiary companies. The total grant comes to 2,34,244 units under the company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant is effective from April 3, 2025, and will vest as per the schedule approved by the Nomination and Remuneration Committee. These units can be exercised within the exercise period set by the Committee.
This is a routine employee stock-based compensation announcement under an existing approved scheme. It will lead to minor dilution upon vesting and exercise but is unlikely to have a material impact on the stock price.