Wipro Allocates Equity Shares Under Various Employee Incentive Schemes
Wipro Limited announced the allotment of a significant number of equity shares on June 19, 2026, following the exercise of Employee Stock Options (ESOPs). The allotments were made across three distinct employee incentive plans.The company allocated shares totaling 73,450 under the ADS Restricted Stock Unit Plan 2004. A total of 2,71,068 equity shares were allotted under the Restricted Stock Unit Plan 2007. Furthermore, an allotment of 1,92,974 equity shares was registered under the Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, which included ADSs and RSUs.
The specific details of the share allotments made on June 19, 2026, are summarized in the table below:
| Plan Name | Allotted Equity Shares |
|---|---|
| ADS Restricted Stock Unit Plan 2004 | 73,450 |
| Restricted Stock Unit Plan 2007 | 2,71,068 |
| Employee Stock Options/Performance Stock Unit/Restricted Stock Unit Scheme 2024 (including ADSs and RSUs) | 1,92,974 |
The allotment of these equity shares represents the successful execution of various employee incentive programs by Wipro Limited.
WIPRO Stock Price Movement
Shares of Wipro Limited shed 2.07%, dropping to ₹179.05 as of 2:37 PM in live trading, continuing a bearish trend for the IT stock. The slide includes reaching the company's 52-week low, amidst total traded volume registering at 24.59 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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