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.

Wipro Limited announced the expansion of its partnership with Palo Alto Networks on June 23, 2026, to deliver AI-driven cyber defense services. The collaboration integrates Palo Alto Networks' Cortex XSIAM with Wipro's CyberShield managed security services, aiming to provide proactive defense through machine learning and automation. This initiative addresses the growing need for robust governance and cost management amidst accelerated AI adoption.

Strategic Integration

The expanded alliance combines Wipro's managed services expertise with Palo Alto Networks' cybersecurity platform capabilities. The new offering focuses on simplifying workflows, filtering signals from noise, and improving analyst efficiency. It is supported by Wipro's WEGA and WINGS AI delivery platforms, part of the Wipro Intelligence suite, which facilitate workflow orchestration and automation at scale.

Operational Framework

The Managed Detection and Response (MDR) services are delivered through Wipro's eight Cyber Defense Centers (CDCs). These centers utilize the proprietary SOC GURU framework, a unique intellectual property that drives Security Operations Center transformation through attack- and alert-agnostic analysis. This approach is designed to strengthen threat detection and response while supporting resilient security operations.

Leadership Perspectives

Satish Yadavalli, Global Business Head - Cloud, Infrastructure, and Security Services at Wipro Limited, emphasized that the partnership transforms security operations through AI and platform consolidation. He noted that the collaboration strengthens security environments while optimizing costs. Simone Gammeri, Senior Vice President and Chief Partnership Officer at Palo Alto Networks, highlighted that AI-manufactured attacks require AI-powered defense, stating that the combined capabilities help customers consolidate tools and accelerate response times.

The expanded relationship builds on an existing foundation across cloud, network, and security transformation, reflecting growing client demand for integrated, AI-led security operations. A recent engagement with a European gaming and entertainment leader demonstrated the effectiveness of this approach in delivering improved productivity and reduced costs.