Wipro grants over 5 lakh restricted stock units to employees

Yash Agarwal — Tue, 24 Mar 2026 12:13:38 +0000

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).

Wipro issues over 2.8 lakh equity shares under stock unit plans

Yash Agarwal — Fri, 20 Mar 2026 12:49:50 +0000

Wipro has announced the allotment of a total of 2,88,023 equity shares under its stock unit plans. On 20 March 2026, the company allotted 14,716 equity shares under the ADS Restricted Stock Unit Plan 2004 and 2,73,307 equity shares under the Restricted Stock Unit Plan 2007. This allotment follows the exercise of employee stock options (ESOPs), allowing employees to convert their options into equity shares.

The ADS Restricted Stock Unit Plan 2004 and the Restricted Stock Unit Plan 2007 are part of Wipro‘s initiatives to incentivise and retain talent by providing employees with a stake in the company’s growth. Such plans are common among large corporations as they align the interests of employees with those of shareholders, fostering a culture of ownership and long-term commitment.

The allotment of these shares will be added to the company’s existing equity base, contributing to the overall share capital. This move is consistent with Wipro’s ongoing strategy to leverage stock-based compensation as a tool for attracting and retaining skilled professionals in a competitive industry landscape.

Wipro continues to be a significant player in the global IT services sector, and its stock unit plans are a testament to its commitment to employee engagement and value creation.

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

Sanaulla Khan | Business Upturn

Wipro grants over 5 lakh restricted stock units to employees

Wipro issues over 2.8 lakh equity shares under stock unit plans