News ArticleWipro Limited Grants 1,45,631 ADS Restricted Stock Units to Employees under 2024 Equity Scheme
The stock unit grant is effective from October 29, 2026, with vesting and exercise terms as approved by the Nomination and Remuneration Committee
Wipro Limited has granted 1,45,631 American Depositary Shares Restricted Stock Units to identified employees under its 2024 Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme. The grants take effect from October 29, 2026, with vesting and exercise terms set by the Nomination and Remuneration Committee.
Wipro Limited
Corporate Action
Wipro Limited has granted 1,45,631 American Depositary Shares (ADS) Restricted Stock Units to selected employees under its 2024 Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme, effective October 29, 2026.
The grant is part of the company’s employee equity compensation plans designed to incentivize and retain key personnel.
Vesting of these ADS RSUs will occur according to the schedule approved by Wipro’s Nomination and Remuneration Committee.
Employees will be able to exercise their rights over these stock units during an exercise period determined by the Committee.
This grant continues Wipro’s practice of utilizing equity awards to align employee interests with shareholder value over time.
Highlights
- Total ADS RSUs granted: 1,45,631 units
- Grant effective date: October 29, 2026
- Issued under the 2024 Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme
- Vesting and exercise terms approved by Nomination and Remuneration Committee
Key Data Snapshot
What happened
- Wipro Limited granted 1,45,631 ADS Restricted Stock Units to identified employees.
- The grant is part of the company’s 2024 equity compensation scheme.
- The grant takes effect on October 29, 2026.
Key details
- Vesting schedule and exercise period are set by the Nomination and Remuneration Committee.
- The grant aims to incentivize employee performance through restricted stock units.
- Exercise periods allow employees to convert vested RSUs into shares.
Regulatory and governance context
- The Nomination and Remuneration Committee approves vesting schedules and exercise periods for equity awards.
- Grant disclosures are made pursuant to stock exchange listing requirements at BSE and NSE.
Highlights
- Total ADS RSUs granted: 1,45,631 units
- Grant effective date: October 29, 2026
- Issued under the 2024 Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme
- Vesting and exercise terms approved by Nomination and Remuneration Committee
Disclosures
- Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024
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