Wipro Limited has informed the Exchange regarding 'Grant of Restricted Stock Units'.
WIPRO · price
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Wipro has granted 4,06,361 (about 4.06 lakh) ADS Restricted Stock Units to identified employees under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant is effective from August 26, 2025. These RSUs will vest as per the schedule approved by the Nomination and Remuneration Committee of the Board and can be exercised over the exercise period set by the Committee. This is a routine disclosure made by the Company Secretary to stock exchanges.
This is a routine employee stock incentive grant and is not a material event for shareholders. Over time, vesting of these RSUs will lead to some equity dilution, but the impact on stock price is minimal and already factored into the company's ESOP scheme.