Capco, a Wipro company, has been recognized by OpenAI for innovation and responsible AI leadership, receiving the AI Governance & Risk Excellence Award at the OpenAI Partner Summit 2026 in San Francisco. The award highlights Capco's ability to deliver enterprise-grade AI outcomes in highly regulated environments, specifically for financial services and energy organizations. The consultancy helps clients scale AI with confidence by balancing innovation with strong governance to reduce risk and strengthen compliance.

In addition to the governance award, Capco won the OpenAI Codex Hackathon. Its UK AI Lab competed against over 30 teams and 100 participants from the OpenAI partner ecosystem. The winning entry, Sentra, is a consulting-led, AI-powered retail banking solution that uses digital twin technology to identify vulnerable customers and recommend explainable next-best actions for frontline teams.

Srini Pallia, Chief Executive Officer and Managing Director of Wipro Limited, stated that the recognition validates the responsible and scalable AI solutions the company is building. He noted that these honours accelerate the AI strategy with Wipro Intelligence™ and reinforce Capco's expert advantage in delivering AI-enabled advisory and scalable solutions.

Capco was an early OpenAI strategic partner, participating in the beta partner programme since 2025. The company has worked closely with OpenAI on emerging enterprise capabilities. These recognitions demonstrate Capco's ability to innovate at the frontier of AI technology while deploying it responsibly in complex regulatory environments.

Wipro granted 2,75,108 ADS Restricted Stock Units to identified employees of the company and its subsidiary under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant is effective from June 24, 2026. These units will vest according to the schedule approved by the Nomination and Remuneration Committee of the Board and can be exercised over the exercise period as approved by the Committee.

Grant Details

The company allocated the Restricted Stock Units to eligible employees as part of its compensation strategy. The vesting and exercise periods are determined by the Nomination and Remuneration Committee of the Board.

Vesting Schedule

The granted units are subject to a vesting schedule approved by the Nomination and Remuneration Committee of the Board. Employees can exercise these units over the exercise period as determined by the Committee.