Wipro expands employee stock plan to subsidiaries.
Wipro Limited has granted 46,817 ADS Restricted Stock Units under various employee stock schemes. The grant, which includes units from the company's Employee Stock Options, Performance Stock Unit, and Restricted Stock Unit Scheme 2024, is designated for identified employees of its subsidiary company. This initiative became effective on October 28, 2025.
The vesting of these restricted stock units will adhere to the schedule approved by Wipro's Nomination and Remuneration Committee of the Board. Furthermore, the exercise of these units can occur over a period also approved by the committee, indicating a structured approach to employee incentives.
This grant is part of Wipro's ongoing efforts to align employee interests with company performance and retention within its subsidiary operations. The company notified both BSE Limited and the National Stock Exchange of India Limited of this development.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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