Wipro Ltd

Target and deal basics

• Target: Alpha Net Consulting LLC and subsidiaries; description not disclosed.
• Acquisition scope: select customer contracts.
• Completion timeline: latest by December 31, 2026.
• Related party: not disclosed.
• Strategic rationale: acquire contracts to expand Wipro's services.
• Regulatory approvals: not disclosed.
• Consideration: not disclosed.
• Size/scale: not disclosed.
• Industry: not disclosed.
• Background: not disclosed.

Allotment under ESOP/RSU

• Allotted 23,876 equity shares under ADS RSU Plan 2004 on Sept 18, 2026.
• Allotted 82,899 equity shares under RSU Plan 2007 on Sept 18, 2026.
• Allotted 2,03,594 equity shares (including ADSs and RSUs) under ESOP/PSU/RSU Scheme 2024 on Sept 18, 2026.

Grant of RSUs under 2024 schemes

• Wipro granted 310,120 ADS RSUs and 599,197 RSUs to identified employees of the Company and its subsidiaries.
• RSUs issued under Company's Employee Stock Options, PSUs and RSU Scheme 2024.
• Grant effective date: September 17, 2026.
• Vesting per schedule approved by Nomination and Remuneration Committee.
• Exercise period as approved by the Committee.

Product launch

• Wipro launches STO360, a cloud-native STO management solution.

Partnership and endorsement

• Built with Aramco and SAP; SAP Endorsed App status.

Technology and market scope

• Based on SAP BTP; cloud-native architecture supports asset-intensive industries.

Key developments

• Wipro and CrowdStrike launch the CISO Command Center to transform enterprise cybersecurity operations.
• The Center integrates Wipro Intelligence CyberTransform and CyberShield with CrowdStrike Falcon.
• It shifts security to an enterprise-wide, risk-led operating model.
• No financial metrics are disclosed in the release.

Allotment details

• Allotted 1,14,031 equity shares under RSU Plan 2007.
• Allotted 1,50,112 equity shares under ESOP/PSU/RSU Scheme 2024 (including ADSs and RSUs).
• Allotment date: 9 September 2026, pursuant to ESOP exercise.
• Information for records; no price or value disclosed.

ESG rating update

• ESG rating of 74 assigned by NSE Sustainability Ratings and Analytics Limited.
• Rating category is 'Leader' under the agency framework.
• Wipro states it did not engage the agency; report prepared independently.
• Report based on publicly available data and uploaded on Wipro website.

ABB renewal

• Wipro renews ABB global Digital Workplace Services with AI-enabled delivery and Wipro Intelligence.
• Deal referenced in Wipro's April 16, 2026 results press release.

Partnership expansion

• Wipro expands Gemini Enterprise collaboration with Google Cloud to accelerate enterprise AI adoption.
• Internal deployment to scale to over 10,000 AI-certified specialists, including 1,500 Forward Deployed Engineers.
• LIFT framework launched to operationalize agentic AI across core workflows, integrated with Wipro Intelligence, WINGS, and WEGA.