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Wipro Allots Over 4 lakh Shares To Employees As Stock Options

  • Wipro allocates 4,75,895 equity shares as stock options to employees via ADS Restricted Stock Unit Plan and ESOPs.
  • In July, Wipro entered a partnership with Pure Storage to enhance sustainable technology in data storage and data centers. The aim is to help clients reduce their data center's environmental impact and achieve greater efficiency.
  • Wipro's recent financial results: Gross revenue grew 6.0% YoY to ₹228.3 billion ($2.8 billion), IT Services Segment Revenue rose by 0.8% YoY to $2,778.5 million.
  • Wipro's shares traded at ₹413.85, down 0.61% on Wednesday at 10:19 am.

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