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.

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.

Wipro Limited has granted Restricted Stock Units (RSUs) to its employees under the Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant, effective from April 23, 2026, forms part of the company's employee compensation and retention strategy.

RSU Grant Details

The company has issued two categories of restricted stock units to identified employees of Wipro and its subsidiary:

The grant was made under the company's comprehensive Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, which provides equity-based compensation to eligible employees.

Vesting and Exercise Terms

The granted RSUs will follow specific vesting and exercise parameters as determined by the company's governance structure:

• Vesting Schedule: RSUs will vest according to the schedule approved by the Nomination and Remuneration Committee of the Board
• Exercise Period: Units can be exercised over the exercise period as approved by the Committee
• Beneficiaries: Identified employees of Wipro Limited and its subsidiary companies

Regulatory Compliance

Wipro has informed both major Indian stock exchanges about this RSU grant as part of its regulatory disclosure obligations. The communication was sent to BSE Limited and the National Stock Exchange of India Limited, ensuring transparency in the company's employee stock compensation activities.

The RSU grant reflects Wipro's commitment to aligning employee interests with shareholder value through equity participation. Such schemes typically serve as retention tools while providing employees with potential financial benefits tied to the company's stock performance.