Wipro Limited Grants Over 3.92 Crore Restricted Stock Units to Employees Under 2024 Scheme
Wipro Limited announced the grant of 2,65,00,177 ADS Restricted Stock Units and 1,27,00,858 Restricted Stock Units to identified employees under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, effective May 4, 2026. The units will vest as per the schedule approved by the Nomination and Remuneration Committee of the Board, with the disclosure signed by Company Secretary M Sanaulla Khan and filed with BSE and NSE on May 6, 2026.
*this image is generated using AI for illustrative purposes only.
Wipro Limited has announced the grant of Restricted Stock Units (RSUs) to identified employees of the company and its subsidiaries, pursuant to its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant is effective from May 4, 2026, and was communicated to the stock exchanges on May 6, 2026.
RSU Grant Details
The grant encompasses two categories of stock units — ADS Restricted Stock Units and Restricted Stock Units — awarded to eligible employees across Wipro and its subsidiary entities. The following table summarises the key details of the grant:
| Parameter: | Details |
|---|---|
| Scheme Name: | Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024 |
| ADS Restricted Stock Units Granted: | 2,65,00,177 (Two Crore Sixty Five Lakh One Hundred Seventy Seven) |
| Restricted Stock Units (RSUs) Granted: | 1,27,00,858 (One Crore Twenty Seven Lakh Eight Hundred and Fifty Eight) |
| Grant Effective Date: | May 4, 2026 |
| Beneficiaries: | Identified employees of the Company and its subsidiaries |
Vesting and Exercise Terms
The granted units shall vest in accordance with the vesting schedule approved by the Nomination and Remuneration Committee of the Board. Employees will be eligible to exercise the vested units over the exercise period as sanctioned by the Committee. No further details regarding the specific vesting schedule or exercise period were disclosed in the filing.
Company Secretary's Communication
The disclosure was signed by M Sanaulla Khan, Company Secretary of Wipro Limited, and submitted to both BSE Limited and the National Stock Exchange of India Limited as part of the company's regulatory obligations under applicable listing requirements.
Historical Stock Returns for Wipro
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.28% | -1.37% | -3.33% | -16.31% | -18.90% | -23.18% |
How might the dilution from over 3.9 crore RSU grants impact Wipro's earnings per share in the coming quarters once vesting begins?
What does the scale of this RSU grant signal about Wipro's talent retention strategy amid intensifying competition for tech talent from rivals like Infosys and TCS?
How will the vesting schedule approved by the Nomination and Remuneration Committee align with Wipro's upcoming financial performance milestones or strategic targets?
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
