Wipro Limited has granted 24,390 ADS Restricted Stock Units to an identified employee of its subsidiary company under the Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The IT services major announced this development through a formal communication to stock exchanges on January 13, 2026.

Grant Details and Structure

The restricted stock units grant represents part of Wipro's employee compensation and retention strategy through its comprehensive stock-based incentive program. The grant details are structured as follows:

Vesting and Exercise Framework

The granted restricted stock units will vest according to a specific schedule that has been approved by the Nomination and Remuneration Committee of the Board. The vesting mechanism ensures alignment between employee retention and company performance objectives. Once vested, the units can be exercised over the exercise period as determined and approved by the Committee.

Regulatory Compliance

Wipro has fulfilled its disclosure obligations by informing both major Indian stock exchanges about this grant. The company communicated the details to BSE Limited, where it trades under the symbol 507685, and to the National Stock Exchange of India Limited, where it is listed as WIPRO. The formal notification was signed by M Sanaulla Khan, Company Secretary, ensuring proper corporate governance compliance.

Employee Incentive Strategy

This grant forms part of Wipro's broader employee stock ownership program designed to attract, retain, and motivate key talent across its global operations. The 2024 scheme encompasses multiple forms of equity-based compensation including employee stock options, performance stock units, and restricted stock units, providing flexibility in structuring employee incentives based on role requirements and performance metrics.

Wipro has implemented stricter hybrid work guidelines, requiring employees to spend a minimum of six hours in the office on designated work-from-office days, effective January 1, 2026. The revised policy represents a significant tightening of the company's workplace attendance requirements.

Updated Attendance Requirements

Under the new guidelines, employees must work from office three days a week and remain physically present for at least six hours between their in and out punches on those designated days. Previously, the company had mandated office attendance without specifying the minimum duration required on campus.

Leave Policy Changes

The updated policy introduces consequences for non-compliance with attendance requirements. Employees who fail to meet the six-hour requirement on a required office day may see half a day's leave deducted from their balance. Additionally, continued non-compliance could lead to further reductions in leave entitlements.

Wipro's standard working day remains 9.5 hours, and staff can complete the remaining hours from home or other locations. The six-hour rule applies specifically to time spent on campus during official work days.

Implementation and Communication

The policy adjustment was communicated to employees through internal emails, with Wipro reiterating its support for hybrid work while emphasizing the need for greater consistency and collaboration within teams. The company maintains its commitment to flexible work arrangements while establishing clearer expectations for office presence.

Industry Context and Stock Performance

The stricter stance on office attendance reflects a broader industry trend as IT firms recalibrate workplace norms in the post-pandemic era. Many technology companies are reassessing their remote work policies to balance flexibility with operational requirements.

Wipro shares ended 1.79% higher at ₹270.35 on Wednesday, with the stock gaining 3.43% over the past month, indicating positive market sentiment despite the policy changes.