Wipro Limited Grants Restricted Stock Units Under Employee Scheme 2024
Wipro Limited has announced the grant of Restricted Stock Units (RSUs) to employees and subsidiaries. The grant consists of 66,138 ADS Restricted Stock Units.The issuance was made under the company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024. The allocation is effective starting July 3, 2026.
These units were granted to identified employees within Wipro Limited and its subsidiary network. The grant forms part of the incentive structure established by the company for its personnel.
The Restricted Stock Units are subject to a vesting schedule that has been approved by the Nomination and Remuneration Committee of the Board. Furthermore, the exercise period for these units is also governed by the approvals granted by the said Committee.
WIPRO Stock Price Movement
Wipro Limited shares closed today, edging higher by 1.03% to settle at ₹175.79. The stock saw heavy activity during the session, recording a total traded volume of 29.52 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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