Wipro gives over 10.2 lakh stock awards to employees

Wipro has granted 10,21,882 stock awards to identified employees under its Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024, reinforcing its long-term employee incentive programme.

According to the company's regulatory filing, the grant became effective on 29 July 2026 and comprises 9,11,458 ADS Restricted Stock Units (ADS RSUs) and 1,10,424 Restricted Stock Units (RSUs).

The move forms part of Wipro's equity-based employee reward framework, which links a portion of employee compensation to the company's long-term performance.

Over one million stock awards approved

The latest grant covers two categories of stock awards issued under the company's 2024 employee incentive scheme.

The allocation includes:

• 9,11,458 ADS Restricted Stock Units (ADS RSUs)
• 1,10,424 Restricted Stock Units (RSUs)
• Total stock awards granted: 10,21,882

These awards have been issued to identified employees and will vest according to the schedule approved by the Nomination and Remuneration Committee of Wipro's Board.

How the employee awards work

The company said employees will receive ownership rights to the granted units only after they satisfy the applicable vesting conditions.

Once vested, the awards can be exercised during the exercise period approved by the Board's Nomination and Remuneration Committee.

Such stock-based awards are commonly used by listed companies to encourage long-term employee retention and align employee interests with the company's long-term performance.

Disclosure made to stock exchanges

Wipro informed both BSE Limited and the National Stock Exchange of India Limited about the grant through a regulatory disclosure.

The filing was signed by M Sanaulla Khan, Company Secretary, on 29 July 2026.

Recent share price performance

According to market data cited by ScanX, Wipro's shares have delivered mixed returns across different time periods.

The reported performance is as follows:

• 1 day: +2.80%
• 5 days: +8.28%
• 1 month: +7.64%
• 6 months: -21.23%
• 1 year: -24.98%
• 5 years: -36.02%

The employee stock awards do not change the vesting conditions already approved under the scheme. Employees will become eligible to exercise their awards according to the timelines determined by the Board committee, while the company continues to use stock-based incentives as part of its broader employee reward strategy.