Wipro Allots 54,49,396 Equity Shares Under Employee Stock Option Plans on May 5, 2026

wipro Limited allotted a total of 54,49,396 equity shares on May 5, 2026, pursuant to the exercise of Employee Stock Options (ESOPs) under three distinct employee stock benefit plans. The company formally notified the stock exchanges of this allotment on May 6, 2026, through a regulatory filing signed by Company Secretary M Sanaulla Khan.

ESOP Allotment Breakdown

The allotment was distributed across three separate plans, reflecting the company's ongoing commitment to employee equity participation. The following table provides a detailed breakdown of the shares allotted under each plan:

Plan: Shares Allotted ADS Restricted Stock Unit Plan 2004: 38,24,940 Restricted Stock Unit Plan 2007: 1,59,198 Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024: 14,65,258 Total Shares Allotted: 54,49,396

Key Details of the Allotment

The bulk of the allotment — 38,24,940 equity shares — was made under the ADS Restricted Stock Unit Plan 2004, representing the largest share among the three plans. The Restricted Stock Unit Plan 2007 accounted for 1,59,198 equity shares, while the more recently introduced Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024 contributed 14,65,258 equity shares to the total allotment.

Regulatory Communication

The allotment was disclosed to both BSE Limited and the National Stock Exchange of India Limited in compliance with applicable listing obligations. The filing was submitted on May 6, 2026, and was digitally signed by M Sanaulla Khan, Company Secretary of Wipro Limited, confirming the authenticity and completeness of the regulatory communication.

Wipro Limited has announced a strategic partnership with Kongsberg Digital to deploy next-generation AI-powered digital twin solutions for the energy and utilities sector. The collaboration was officially announced through a press release under Regulation 30.

Partnership Details

The strategic alliance brings together Wipro's consulting-led approach and its AI-powered Wipro Intelligence™ solutions with Kongsberg Digital's Industrial Work Surface solution. The partnership aims to enable more reliable, efficient, and safer operations across complex asset networks in the energy and utilities sector.

Partnership Overview: Details Technology Focus: AI-powered Digital Twin solutions Target Sector: Energy & Utilities Wipro Solutions: Industrial-AssetsAI and UpstreamAI Kongsberg Solution: Industrial Work Surface Primary Goal: Enhanced operational resilience

Executive Perspectives

Srikumar Rao, Managing Partner and Global Head of Engineering, Wipro Limited, emphasized the collaboration's vision: "At the core of this collaboration is a shared vision to rethink how industrial intelligence is designed and applied. By combining our deep domain expertise in Energy & Utilities and the relevant Wipro Intelligence™ solutions with Kongsberg Digital's digital twin platform, we are bringing AI, engineering, and operational insight together."

Shane McArdle, CEO of Kongsberg Digital, highlighted the partnership's potential: "Combining Kongsberg Digital's Industrial Work Surface—which currently operates at some of the energy industry's most complex assets—with Wipro's AI-powered platforms and solutions, this partnership will extend our proven digital twin capability at scale, helping customers move from insight to operational impact faster."

Technology Integration and Capabilities

The joint offering will function as a comprehensive digital twin that reflects real-time conditions across plants, grids, and distributed assets. The solution combines simulation, data, AI, and automation in one integrated framework, providing organizations with a unified environment that brings together:

Physics-based engineering models

Real-time operations monitoring

Enterprise AI capabilities

Predictive analytics and enhanced decision-making processes

Strategic Roadmap

As part of the agreement, both companies will advance a joint roadmap to scale AI-powered digital twin capabilities across energy and utilities environments. The partnership is designed to help asset-intensive organizations accelerate innovation, strengthen operational resilience, and deliver sustained improvements in performance, safety, and sustainability.

The collaboration positions both companies to deliver comprehensive digital transformation solutions that address the evolving needs of the energy and utilities sector, particularly in areas requiring improved operational efficiency and technological advancement.

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