Wipro grants over 5 lakh restricted stock units to employees | Business Upturn

Top Stories

Government increases LPG allocation for industries to 70% of pre-crisis levels; Petroleum Secretary writes to states Iran Rejects US Proposal and Calls Talks a Third Deception — And Now Sirens Are Sounding in Northern Israel Iran Has Responded to the US 15-Point Proposal — Here Are Tehran’s Conditions and Why It Called the Talks a Deception Trump slams NATO for “doing nothing” on Iran, says US needs nothing from allies Viral Video: Internet divided over Priyanka Chopra’s ‘awkward’ interaction with Anne Hathaway and Dua Lipa at Bvlgari Event Iran demands recognition of sovereignty over Strait of Hormuz as ‘legal right’ Setback for Dr Reddy’s as Delhi High Court asks company to halt Olympiq drug sales 11 Airlines Dead in 10 Years — Why India Is One of the Hardest Countries in the World to Run an Airline Government increases LPG allocation for industries to 70% of pre-crisis levels; Petroleum Secretary writes to states Iran Rejects US Proposal and Calls Talks a Third Deception — And Now Sirens Are Sounding in Northern Israel Iran Has Responded to the US 15-Point Proposal — Here Are Tehran’s Conditions and Why It Called the Talks a Deception Trump slams NATO for “doing nothing” on Iran, says US needs nothing from allies Viral Video: Internet divided over Priyanka Chopra’s ‘awkward’ interaction with Anne Hathaway and Dua Lipa at Bvlgari Event Iran demands recognition of sovereignty over Strait of Hormuz as ‘legal right’ Setback for Dr Reddy’s as Delhi High Court asks company to halt Olympiq drug sales 11 Airlines Dead in 10 Years — Why India Is One of the Hardest Countries in the World to Run an Airline

Wipro has announced the grant of 5,32,407 ADS Restricted Stock Units and 10,664 Restricted Stock Units to its identified employees under the company’s Employee Stock Options, Performance Stock Unit, and Restricted Stock Unit Scheme 2024. This grant is effective from 24 March 2026.

The vesting of these stock units will follow the schedule approved by the Nomination and Remuneration Committee of the Board. Employees will be able to exercise these units over the period specified by the committee.

This move is part of Wipro‘s strategy to incentivise and retain key talent within the organisation, aligning employee interests with company performance.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Add us as preferred source on Google

TOPICS: Employee Stock Options Restricted Stock Units Sanaulla Khan Wipro