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The latest announcement is out from Wipro Limited ( (IN:WIPRO) ).
Wipro Limited has allotted a total of 74,568 equity shares following the exercise of employee stock options, comprising 33,332 shares under its ADS Restricted Stock Unit Plan 2004 and 41,236 shares under its Restricted Stock Unit Plan 2007, with the allotment dated January 7, 2026. The issuance modestly increases the company’s equity base and reflects the ongoing use of stock-based compensation to align employee interests with shareholder value and support talent retention in the competitive IT services industry.
More about Wipro Limited
Wipro Limited is a global information technology, consulting, and business process services company that provides IT solutions, digital transformation, and outsourcing services to clients across various industries worldwide. Listed on Indian stock exchanges, it uses equity-based compensation plans as part of its strategy to attract, retain, and incentivize employees, particularly in technology and managerial roles.
Average Trading Volume: 369,003
Technical Sentiment Signal: Strong Buy
Current Market Cap: 2759.1B INR
Learn more about WIPRO stock on TipRanks’ Stock Analysis page.