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Wipro LimitedImportant, 24-01-2025: Updates

24-01-2025 | 05:09 pm

The company has granted a total of 1,29,925 Restricted Stock Units (RSUs) under its stock incentive plans, specifically 1,20,219 RSUs under the ADS Restricted Stock Unit Plan 2004 and 9,706 RSUs under the Restricted Stock Unit Plan 2007, to selected employees. This grant is effective immediately and will vest according to the schedule set by the Nomination and Remuneration Committee. It reflects the company's commitment to employee retention and aligning interests with long-term performance, signaling confidence in its strategic direction. Investors should consider this development as a potential positive indicator of employee engagement and retention strategies.

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