Mumbai, India | July 3, 2026: Wipro Limited has granted 66,138 American Depositary Shares (ADS) Restricted Stock Units (RSUs) to selected employees of the company and its subsidiaries as part of its long-term employee equity compensation program.
The grant was disclosed in a regulatory filing submitted to the BSE and National Stock Exchange of India (NSE) on July 3, 2026, by M. Sanaulla Khan, Company Secretary of Wipro Limited. The allocation has been made under the company’s Employee Stock Options, Performance Stock Unit, and Restricted Stock Unit Scheme 2024, with an effective grant date of July 3, 2026.
Employee Equity Incentive Program
The newly awarded 66,138 ADS RSUs are designed to strengthen employee engagement and reward long-term contributions. By offering equity-based compensation, Wipro aims to align the interests of employees with those of shareholders while encouraging sustained business performance.
The grants are intended for identified global employees across Wipro and its subsidiaries, reinforcing the company’s commitment to attracting, motivating, and retaining top talent in a competitive technology landscape.
Vesting Schedule
The granted Restricted Stock Units (RSUs) will not become immediately transferable or exercisable. Instead, they will vest in predetermined tranches based on a schedule and performance criteria approved by the Nomination and Remuneration Committee of the Board.
Employees must satisfy the applicable service and performance conditions before the units become eligible for conversion into underlying American Depositary Shares (ADSs).
Exercise Period
After the RSUs have vested, eligible employees may exercise their awards during the exercise period approved by the Nomination and Remuneration Committee. Upon exercise, the vested RSUs will be converted into the corresponding underlying ADS equity, subject to the terms and conditions of the company’s equity incentive plan.
Supporting Long-Term Value Creation
The latest grant forms part of Wipro’s long-term talent retention strategy, which uses equity-based compensation to reward employee performance and promote ownership in the company’s future growth. Such programs are widely used across the global technology industry to align employee incentives with long-term shareholder value creation.
The company believes that linking compensation to equity ownership encourages stronger performance, improves retention of key talent, and supports sustainable business growth.
Key Highlights
- Company: Wipro Limited
- Grant Date: July 3, 2026
- Awards Granted: 66,138 ADS Restricted Stock Units (RSUs)
- Recipients: Identified employees of Wipro and its subsidiaries
- Plan: Employee Stock Options, Performance Stock Unit, and Restricted Stock Unit Scheme 2024
- Vesting: In scheduled tranches based on approved timelines and performance conditions
- Exercise: Permitted after vesting during the committee-approved exercise period
- Objective: Strengthen employee retention, align compensation with shareholder interests, and support long-term value creation
