Wipro Limited has informed the Exchange regarding 'Grant of Restricted Stock Units- Revised Intimation'.
WIPRO · price
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Awaiting price reaction for this filing.
Wipro has filed a revised intimation with the stock exchanges about granting Restricted Stock Units (RSUs) to its employees. RSUs are a form of stock-based compensation where employees receive shares (or the value of shares) after meeting certain vesting conditions. The 'revised' tag means this filing updates or replaces an earlier announcement on the same matter, likely with corrected or additional details. Specific numbers like the number of RSUs granted and the employees covered were not included in the headline, so the company may release full details separately.
This is a routine employee compensation announcement and generally has a minor dilutive effect on existing shareholders over time as RSUs vest and convert into shares. It is unlikely to move the stock price meaningfully on its own.