Wipro has granted a total of 10,21,882 stock awards to selected employees under its 2024 Employee Stock Options, Performance Stock Unit, and Restricted Stock Unit scheme. The grant became effective on 29 July 2026 and includes 9,11,458 American Depositary Share Restricted Stock Units (ADS RSUs) and 1,10,424 Restricted Stock Units (RSUs).
This allocation is part of Wipro’s long-term compensation framework, which ties employee rewards to company performance and shareholder value. The awards will vest according to the schedule approved by the company’s Nomination and Remuneration Committee. Employees will gain ownership of the shares only after meeting vesting conditions, and they can exercise the awards during the designated exercise period.
Equity-based incentives such as ESOPs and RSUs are widely used by listed companies to retain talent, encourage long-term performance, and align employee interests with shareholders. Wipro formally disclosed the grant to both BSE and NSE through a regulatory filing signed by its Company Secretary, M Sanaulla Khan.
Market data shows Wipro’s stock has delivered mixed returns. It gained 2.8 per cent in one day, 8.28 per cent over five days, and 7.64 per cent over one month. However, it reportedly fell 21.23 per cent in six months, 24.98 per cent over one year, and 36.02 per cent over five years.
The latest grant does not change existing vesting conditions but reflects Wipro’s continued reliance on equity-based compensation to motivate employees and support long-term value creation. For HR, this highlights the importance of blending financial incentives with retention strategies, especially in a competitive technology sector where talent alignment with business goals is critical.