Wipro Limited Allots Multiple Equity Shares Across Employee Incentive Plans
Wipro Limited announced the allotment of multiple equity shares on May 5, 2026. The allotment resulted from the exercise of Employee Stock Options (ESOPs) across various structured incentive plans.The company detailed the share allotment across three distinct plans:
| Plan Name | 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 |
The total allotment was executed on May 5, 2026, following the exercise of ESOPs, contributing to the company's overall equity structure.
WIPRO Stock Price Movement
Shares of Wipro Limited are edging higher to ₹199.79 as of 10:38 AM, gaining 0.01% in live trading. The stock is currently supported by robust activity, trading on a total volume of 3.07 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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