Wipro Limited (NSE:WIPRO) notified stock exchanges on 24 August 2026 that it has granted 84,656 ADS Restricted Stock Units and 27,656 Restricted Stock Units to identified employees and subsidiary staff under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, effective the same date.
Key Highlights
- Wipro granted 84,656 ADS Restricted Stock Units to identified employees effective 24 August 2026 under its RSU Scheme 2024.
- An additional 27,656 Restricted Stock Units were granted under the same scheme to employees of the company or its subsidiary.
- Vesting of all granted units will follow a schedule approved by Wipro's Nomination and Remuneration Committee of the Board.
- Granted units can be exercised over an exercise period as approved by the Nomination and Remuneration Committee.
About the Company
Wipro Limited (NSE:WIPRO), headquartered in Bengaluru, Karnataka, is a global information technology, consulting, and business process services company. It serves clients across banking, financial services, healthcare, manufacturing, and consumer sectors, operating delivery centres across India, the Americas, Europe, Middle East, Africa, and Asia-Pacific. Wipro is listed on both NSE and BSE (BSE: 507685).
Announcement in Detail
In a filing submitted to BSE and NSE on 24 August 2026, Wipro Limited disclosed the grant of 84,656 ADS Restricted Stock Units and 27,656 Restricted Stock Units to identified employees of the company and identified employees of its subsidiary companies. The combined grant totals 1,12,312 units across both categories. The grant is made under Wipro's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, a formal equity-linked compensation framework constituted by the company.
The filing confirmed that both ADS RSUs and RSUs will vest according to the vesting schedule as approved by the Nomination and Remuneration Committee of the Board. Following vesting, the units can be exercised over the exercise period similarly approved by the Committee. Company Secretary M Sanaulla Khan signed the disclosure on behalf of Wipro Limited.
Impact on Investors
Investors will note that RSU grants of this nature result in the eventual issuance of new equity shares or ADS upon vesting and exercise, which introduces a degree of dilution to existing shareholders over the vesting period. The filing shows that the exact vesting schedule is determined by the Nomination and Remuneration Committee, meaning the timing of any dilutive impact depends on internal committee decisions not yet publicly disclosed in full detail.
Shareholders will observe that equity-linked compensation programmes such as this are a standard retention mechanism in the Indian and global IT sector. The disclosed terms indicate that the dilutive effect, if any, would occur progressively as units vest and are exercised, rather than immediately upon this grant date of 24 August 2026.
Sector / Market Context
India's information technology sector remains one of the largest employers of skilled technology professionals globally, with NASSCOM data consistently placing the industry's workforce above 5 million direct employees. Talent retention through equity-linked compensation schemes such as RSUs and ESOPs is a widely adopted practice among large-cap Indian IT companies, particularly as competition for specialist skills in areas including cloud computing, artificial intelligence, and cybersecurity continues to intensify across the industry. Regulatory oversight of such schemes in India is governed by SEBI's ESOP guidelines, which require timely exchange disclosures of every grant event.