Wipro Grants 6,98,199 ADS Restricted Stock Units Under Employee Stock Options Scheme 2024

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. Parameter: Details Grant Quantity: 6,98,199 ADS Restricted Stock Units Effective Date: March 2, 2026 Scheme: Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024 Beneficiaries: Identified employees of Wipro and subsidiary companies 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. Plan Details: Shares Allotted ADS Restricted Stock Unit Plan 2004: 19,762 Restricted Stock Unit Plan 2007: 1,09,812 Total Shares Allotted: 1,29,574 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. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.