Wipro Allots 3.96 Lakh Equity Shares Under Employee Stock Plans on December 15

1 min read     Updated on 15 Dec 2025, 06:17 PM
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Reviewed by
Radhika SScanX News Team
Overview

Wipro Limited has allotted 3,95,874 equity shares under its employee stock option plans on December 15, 2025, with the majority (2,52,134 shares) issued under the ADS Restricted Stock Unit Plan 2004 and 1,43,740 shares under the Restricted Stock Unit Plan 2007. The company has informed both BSE and NSE about this allotment, demonstrating its commitment to regulatory compliance and employee incentivization strategies.

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Wipro Limited , a leading global information technology company, has announced the allotment of equity shares under its employee stock option plans on December 15, 2025. This move underscores the company's commitment to employee ownership and aligning staff interests with those of shareholders.

Share Allotment Details

The company has issued a total of 3,95,874 equity shares through two different employee stock plans:

Plan Name: Number of Shares Allotted
ADS Restricted Stock Unit Plan 2004 2,52,134
Restricted Stock Unit Plan 2007 1,43,740

These shares were allotted following the exercise of Employee Stock Options (ESOPs) by eligible employees on December 15, 2025.

Regulatory Compliance and Communication

In line with regulatory requirements, Wipro has duly informed both BSE Limited and the National Stock Exchange of India Limited about this allotment. The notification was signed by Mohammed Sanaulla Khan, Company Secretary, demonstrating the company's commitment to transparency and adherence to listing obligations.

Significance of ESOPs

Employee Stock Option Plans serve as a strategic tool for companies to:

  • Attract and retain talent in the competitive IT sector
  • Motivate employees by providing them with a stake in the company's success
  • Align employee interests with those of shareholders
  • Foster long-term employee engagement and loyalty

By offering these stock options, Wipro is enhancing employee engagement and fostering a sense of ownership among its workforce. This equity share allotment represents an ongoing commitment to employee incentivization and retention strategies, which investors and market analysts often view positively as it can contribute to long-term performance and stability in the highly competitive technology sector.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
+0.14%+3.56%-11.88%-20.24%-27.09%-4.75%

Wipro and Google Cloud Enhance Partnership by Introducing Gemini Enterprise Worldwide

0 min read     Updated on 12 Dec 2025, 06:59 PM
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Reviewed by
Naman SScanX News Team
Overview

Wipro has enhanced its partnership with Google Cloud by introducing Gemini Enterprise worldwide. This strategic collaboration expansion strengthens the relationship between the IT services company and cloud provider, focusing on delivering advanced enterprise solutions globally.

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*this image is generated using AI for illustrative purposes only.

Wipro has announced a significant enhancement to its strategic partnership with Google Cloud, introducing Gemini Enterprise on a worldwide scale. This development marks a notable expansion in the collaboration between the Indian IT services giant and the global cloud technology leader.

Partnership Enhancement Details

The enhanced partnership focuses on the global rollout of Gemini Enterprise, representing a strengthening of the existing relationship between the two technology companies. This collaboration aims to leverage combined capabilities to deliver advanced enterprise solutions to clients across international markets.

Strategic Implications

The partnership enhancement demonstrates Wipro's continued focus on expanding its cloud service offerings through strategic alliances with leading technology providers. The introduction of Gemini Enterprise worldwide indicates the company's commitment to delivering cutting-edge solutions to its global client base.

This development positions both companies to capitalize on growing enterprise demand for advanced cloud-based solutions and artificial intelligence capabilities in the global marketplace.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
+0.14%+3.56%-11.88%-20.24%-27.09%-4.75%

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1 Year Returns:-27.09%