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Grant of Restricted Stock Units

Updated on: Apr 02, 2014

Wipro Ltd has informed BSE that the Company has granted Restricted Stock Units with effect from April 1, 2014 to its and subsidiarys identified employees as follows; a. 1658500 under ADS Restricted Stock Unit Plan 2004 b. 2455000 under Restricted Stock Unit Plan 2005 The grant of above stock options is in line with SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, as amended and as per the terms of the Stock Option Plans. These stock options shall vest as per the vesting schedule approved by the Compensation Committee of the Board and can be exercised over the exercise period as per the Stock Option Plans.

Source : BSE - >www.bseindia.com

Published on April 02, 2014

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