Wipro Limited has announced the grant of 6,98,199 ADS Restricted Stock Units under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant, effective from March 2, 2026, represents a significant employee compensation initiative by the IT services major.

Grant Details

The company has awarded these restricted stock units to identified employees of Wipro Limited and its subsidiary companies. The announcement was made through a formal communication to the stock exchanges, signed by M Sanaulla Khan, Company Secretary.

Vesting and Exercise Terms

The granted restricted stock units will vest according to the vesting schedule approved by the Nomination and Remuneration Committee of the Board. Employees will be able to exercise these units over the exercise period as approved by the Committee, providing them with potential equity participation in the company's growth.

Regulatory Compliance

The grant has been communicated to both BSE Limited and National Stock Exchange of India Limited, ensuring compliance with regulatory requirements. This transparent disclosure reflects the company's commitment to maintaining proper corporate governance standards in its employee compensation programs.

Wipro Limited has announced the allotment of 1,29,574 equity shares under its Employee Stock Option Plans (ESOP) on February 25, 2026. The IT services major informed both stock exchanges about this corporate action through an official communication.

Share Allotment Details

The total allotment was distributed across two distinct ESOP schemes operated by the company. The breakdown of shares allotted under each plan demonstrates the company's commitment to employee participation in its growth story.

Regulatory Compliance

The company has duly informed the stock exchanges about this allotment pursuant to the exercise of ESOPs by eligible employees. The communication was sent to both BSE Limited, where Wipro trades under the symbol 507685, and National Stock Exchange of India Limited, where it is listed as WIPRO.

Corporate Communication

The official notification was signed by M Sanaulla Khan, Company Secretary of Wipro Limited, and digitally authenticated on February 25, 2026. The company's registered office is located at Doddakannelli, Sarjapur Road, Bengaluru 560 035, India.

This allotment represents the company's ongoing practice of rewarding employees through equity participation, allowing them to benefit from the company's long-term performance and growth prospects.