Wipro has announced its participation in the Massachusetts Institute of Technology's Industrial Liaison Program, establishing a strategic partnership aimed at advancing frontier technology innovation. The collaboration represents a significant commitment by the company to leverage academic excellence and research capabilities for technological advancement.

Strategic Partnership Framework

The partnership with MIT's Industrial Liaison Program positions Wipro to work directly with the institute's renowned faculty and vibrant startup ecosystem. This collaboration is designed to foster innovation and accelerate the development of cutting-edge technologies across multiple domains.

Five Key Areas of Collaboration

The partnership encompasses collaboration across five strategic areas, though specific details of these focus areas have not been disclosed. The collaboration structure involves:

• Direct engagement with MIT faculty members
• Partnership with MIT's startup community
• Access to frontier technology research
• Innovation development initiatives
• Strategic technology advancement programs

Innovation and Technology Focus

Through this partnership, Wipro aims to enhance its innovation capabilities by tapping into MIT's world-class research environment. The Industrial Liaison Program provides companies with unique access to MIT's technological expertise and research developments, enabling participants to stay at the forefront of emerging technologies.

The collaboration with MIT's startup community adds another dimension to the partnership, potentially opening avenues for technology transfer, joint development projects, and access to breakthrough innovations emerging from the academic environment.

Wipro Limited has completed the allotment of 154,549 equity shares on January 31, 2026, under its Employee Stock Option Plans (ESOPs). The IT services major formally communicated this development to both stock exchanges through an official notification.

Share Allotment Details

The equity share allotment was executed under two distinct ESOP schemes operated by the company:

Regulatory Compliance

Wipro submitted the mandatory disclosure to both BSE Limited and National Stock Exchange of India Limited on January 31, 2026. The communication was digitally signed by M Sanaulla Khan, Company Secretary, ensuring compliance with regulatory requirements for equity allotment notifications.

Corporate Structure

The allotment represents the exercise of stock options by eligible employees under the company's established ESOP frameworks. Both plans - the ADS Restricted Stock Unit Plan 2004 and the Restricted Stock Unit Plan 2007 - are part of Wipro's employee compensation and retention strategy.

The company maintains its registered office at Doddakannelli, Sarjapur Road, Bengaluru 560 035, and continues to operate under the Corporate Identity Number L32102KA1945PLC020800.