WIPRONSEWipro Limited· Computers - SoftwareLowNeutral
Announced Thu, 3 Jul · 19:03 IST

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

WIPRO · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Wipro has granted 1,13,400 Restricted Stock Units (RSUs) to identified employees under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant is effective from July 2, 2025. The RSUs will vest as per the schedule approved by the Nomination and Remuneration Committee of the Board and can be exercised over the approved exercise period. This is a routine employee equity compensation announcement.

Likely market impact

This is a small, routine ESOP grant that will result in minor dilution. It signals Wipro's continued use of equity-based pay to attract and retain talent but is unlikely to materially affect the stock price or shareholder value.