Wipro Limited – Allotment of Equity Shares under RSU Plan

Date: 21 April 2026
NSE Symbol: WIPRO
ISIN: INE075A01022

Key Highlights

Allotment Details: 37,984 equity shares issued under the Restricted Stock Unit (RSU) Plan 2007, exercised by employees via ESOPs.
Security Type: "Other" – specifically ESOP/ESPS.
Method of Issuance: Any other method – equity shares (India RSU).
Capital Impact:
- Paid‑up share capital increased from INR 20,977,713,762 to INR 20,977,789,730.
- Total shares rose from 10,488,856,881 to 10,488,894,865 (increase of 37,984 shares).
Regulatory Note: Not a fresh issuance; therefore, SEBI disclosure requirements under the SEBI‑Lodr circular of 9 Sept 2015 do not apply.
Board Approvals:
- RSU Plan originally approved on 6 June 2007.
- Current allotment approved by the Administrative and Shareholders’/Investors’ Grievance Committee on 21 April 2026.

Dilution: Minimal – roughly 0.0036% increase in share count, unlikely to affect earnings per share (EPS) materially.
Cash Flow: No cash outflow; the allotment is a share‑based compensation exercise.
Capital Structure: Slight increase in paid‑up capital, but the overall equity base remains essentially unchanged.

Employee Incentives: The RSU exercise underscores Wipro’s commitment to retaining talent and aligning employee interests with shareholders.
Governance: Proper board and committee approvals were obtained, demonstrating compliance with internal governance standards.

The company correctly identified the allotment as non‑fresh issuance, exempting it from the SEBI disclosure mandate. This reflects adherence to regulatory guidelines and reduces administrative burden.

Risk: Negligible – the dilution is too small to impact valuation or voting power.
Opportunity: Continued focus on employee ownership may enhance operational performance and long‑term shareholder value.
Action: No immediate action required; monitor future ESOP/RSU exercises for cumulative dilution effects.

Prepared for investors on 21 April 2026.