Wipro Ltd Grants Restricted Stock Units to Employees under 2024 Scheme
Wipro Ltd has announced the grant of Restricted Stock Units (RSUs) to identified employees of the company and its subsidiary. The units were granted under the Company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024.The grant comprises a total of 2,75,108 RSUs. This grant is effective starting from June 24, 2026.
As part of this scheme, the awarded Restricted Stock Units are set to vest according to a schedule approved by the Nomination and Remuneration Committee of the Board. Furthermore, the units can be exercised over an exercise period as defined and approved by the aforementioned Committee.
WIPRO Stock Price Movement
Today, Wipro Limited shares edged higher to close at ₹174.48 after settling up 0.1% in post-market trading. The stock saw significant movement today, as it traded over 56 million shares and maintained a strong position above its intraday low of ₹171.49.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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