Wipro Allots 54,49,396 Equity Shares Under Employee Stock Option Plans on May 5, 2026

1 min read     Updated on 06 May 2026, 10:45 AM
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AI Summary

Wipro Limited allotted 54,49,396 equity shares on May 5, 2026, under three employee stock option plans. The allotment included 38,24,940 shares under the ADS Restricted Stock Unit Plan 2004, 1,59,198 shares under the Restricted Stock Unit Plan 2007, and 14,65,258 shares under the Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The company notified BSE Limited and the National Stock Exchange of India Limited of this development on May 6, 2026, through a filing signed by Company Secretary M Sanaulla Khan.

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wipro Limited allotted a total of 54,49,396 equity shares on May 5, 2026, pursuant to the exercise of Employee Stock Options (ESOPs) under three distinct employee stock benefit plans. The company formally notified the stock exchanges of this allotment on May 6, 2026, through a regulatory filing signed by Company Secretary M Sanaulla Khan.

ESOP Allotment Breakdown

The allotment was distributed across three separate plans, reflecting the company's ongoing commitment to employee equity participation. The following table provides a detailed breakdown of the shares allotted under each plan:

Plan: Shares Allotted
ADS Restricted Stock Unit Plan 2004: 38,24,940
Restricted Stock Unit Plan 2007: 1,59,198
Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024: 14,65,258
Total Shares Allotted: 54,49,396

Key Details of the Allotment

The bulk of the allotment — 38,24,940 equity shares — was made under the ADS Restricted Stock Unit Plan 2004, representing the largest share among the three plans. The Restricted Stock Unit Plan 2007 accounted for 1,59,198 equity shares, while the more recently introduced Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024 contributed 14,65,258 equity shares to the total allotment.

Regulatory Communication

The allotment was disclosed to both BSE Limited and the National Stock Exchange of India Limited in compliance with applicable listing obligations. The filing was submitted on May 6, 2026, and was digitally signed by M Sanaulla Khan, Company Secretary of Wipro Limited, confirming the authenticity and completeness of the regulatory communication.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%-1.37%-3.33%-16.31%-18.90%-23.18%

How might the dilution from 54.49 lakh new equity shares impact Wipro's earnings per share and shareholder value in the upcoming quarterly results?

Given the significant allocation under the legacy ADS RSU Plan 2004, will Wipro phase out older ESOP schemes in favor of the newer 2024 scheme to streamline employee compensation structures?

How does Wipro's ESOP allotment size and frequency compare to peers like Infosys and TCS, and what does this signal about talent retention strategies in the IT sector?

Wipro Partners with Kongsberg Digital to Deploy AI-Powered Digital Twin Solutions

1 min read     Updated on 25 Apr 2026, 08:34 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Wipro Limited has announced a strategic partnership with Kongsberg Digital to deploy next-generation AI-powered digital twin solutions specifically for the energy and utilities sector. The collaboration combines Wipro's AI-powered Intelligence™ solutions including Industrial-AssetsAI and UpstreamAI with Kongsberg Digital's Industrial Work Surface solution to create a unified digital twin environment that reflects real-time conditions across plants, grids, and distributed assets, ultimately helping organizations accelerate innovation and strengthen operational resilience.

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Wipro Limited has announced a strategic partnership with Kongsberg Digital to deploy next-generation AI-powered digital twin solutions for the energy and utilities sector. The collaboration was officially announced through a press release under Regulation 30.

Partnership Details

The strategic alliance brings together Wipro's consulting-led approach and its AI-powered Wipro Intelligence™ solutions with Kongsberg Digital's Industrial Work Surface solution. The partnership aims to enable more reliable, efficient, and safer operations across complex asset networks in the energy and utilities sector.

Partnership Overview: Details
Technology Focus: AI-powered Digital Twin solutions
Target Sector: Energy & Utilities
Wipro Solutions: Industrial-AssetsAI and UpstreamAI
Kongsberg Solution: Industrial Work Surface
Primary Goal: Enhanced operational resilience

Executive Perspectives

Srikumar Rao, Managing Partner and Global Head of Engineering, Wipro Limited, emphasized the collaboration's vision: "At the core of this collaboration is a shared vision to rethink how industrial intelligence is designed and applied. By combining our deep domain expertise in Energy & Utilities and the relevant Wipro Intelligence™ solutions with Kongsberg Digital's digital twin platform, we are bringing AI, engineering, and operational insight together."

Shane McArdle, CEO of Kongsberg Digital, highlighted the partnership's potential: "Combining Kongsberg Digital's Industrial Work Surface—which currently operates at some of the energy industry's most complex assets—with Wipro's AI-powered platforms and solutions, this partnership will extend our proven digital twin capability at scale, helping customers move from insight to operational impact faster."

Technology Integration and Capabilities

The joint offering will function as a comprehensive digital twin that reflects real-time conditions across plants, grids, and distributed assets. The solution combines simulation, data, AI, and automation in one integrated framework, providing organizations with a unified environment that brings together:

  • Physics-based engineering models
  • Real-time operations monitoring
  • Enterprise AI capabilities
  • Predictive analytics and enhanced decision-making processes

Strategic Roadmap

As part of the agreement, both companies will advance a joint roadmap to scale AI-powered digital twin capabilities across energy and utilities environments. The partnership is designed to help asset-intensive organizations accelerate innovation, strengthen operational resilience, and deliver sustained improvements in performance, safety, and sustainability.

The collaboration positions both companies to deliver comprehensive digital transformation solutions that address the evolving needs of the energy and utilities sector, particularly in areas requiring improved operational efficiency and technological advancement.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%-1.37%-3.33%-16.31%-18.90%-23.18%

How will this partnership impact Wipro's competitive positioning against other IT services providers in the digital twin market?

What revenue projections can investors expect from this AI-powered digital twin collaboration over the next 2-3 years?

Will this partnership lead to similar strategic alliances between Wipro and other industrial technology companies in different sectors?

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1 Year Returns:-18.90%