Key Quantitative Figures
- ADS Restricted Stock Units Granted: 84,656 (Eighty-Four Thousand Six Hundred and Fifty-Six)
- Restricted Stock Units Granted: 27,656 (Twenty-Seven Thousand Six Hundred and Fifty-Six)
- Total Units Granted: 112,312
Parties Involved
- Grantor: Wipro Limited
- Recipients: Identified employees of Wipro Limited and one identified employee of its subsidiary company
- Approving Authority: Nomination and Remuneration Committee of the Board
Scheme Details
The grants were made under the Company's Employee Stock Options, Performance Stock Unit and Restricted Stock Unit Scheme 2024.
Vesting and Exercise Conditions
The units shall vest according to the vesting schedule approved by the Nomination and Remuneration Committee. The vested units can be exercised over the exercise period as approved by the Committee. The specific details of the vesting schedule and exercise period were not quantified in this disclosure.
Financial Impact
Financial impact not quantified in the disclosure.
Capital Structure Impact
Capital structure impact not quantified in the disclosure. The potential dilution from 112,312 units is subject to vesting and future exercise.