Wipro Ltd has informed that the Company has granted 51,042 ADS Restricted Stock Units with effect from October 01, 2008 to identified employees of subsidiary Company of Wipro Ltd under the ADS Restricted Stock Unit Plan 2004.
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 Board Governance & Compensation Committee of the Board and can be exercised over the exercise period as per the Stock Option Plans.
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 Board Governance & Compensation Committee of the Board and can be exercised over the exercise period as per the Stock Option Plans.
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