WIPRO LTD. - Grant of Restricted Stock Units

Wipro Ltd has informed BSE that the Company has granted Restricted Stock Units with effect from May 01, 2015 to its identified employees as follows;<BR><BR>- 2,20,000 (Two lakhs twenty thousand) under Wipro's ADS Restricted Stock Unit Plan 2004.<BR><BR>The grants of above stock options are in line with SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, as amended from time to time and as per the terms of the Stock Option Plans.<BR><BR>These stock options shall vest as per the vesting schedule approved by the Board Governance, Nomination and Compensation Committee of the Board and can be exercised over the exercise period as per the Stock Option Plans.