Wipro Limited has granted 2,46,048 Restricted Stock Units (RSUs) to identified employees under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The grant is effective from 12 October 2026 and forms part of the company’s employee stock-based incentive framework.
The RSUs will vest according to the schedule approved by the Nomination and Remuneration Committee of Wipro’s Board. Eligible employees can exercise the units during the exercise period approved by the Committee, in line with the applicable terms of the scheme.
Wipro has disclosed the grant to the stock exchanges in accordance with the applicable regulations of the Securities and Exchange Board of India (SEBI). The disclosure provides details of the number of RSUs granted, the effective date and the framework governing their vesting and exercise.
Employee stock-based incentives are designed to link employee interests with the company’s long-term performance and growth. Through such schemes, companies can offer eligible employees an opportunity to participate in value creation over time.
The latest grant falls under Wipro’s 2024 employee incentive scheme. The vesting and exercise of the units will be governed by the schedule and conditions approved by the company’s Nomination and Remuneration Committee.
