Wipro Limited buyback opens on June 11 at ₹250 per share

2 min read     Updated on 11 Jun 2026, 01:05 AM
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Naman SScanX News Team
AI Summary

Wipro Limited has commenced a ₹15,000 crore buyback of up to 60,00,00,000 equity shares at ₹250 per share, representing 5.72% of its total paid-up equity share capital. The offer, which opens on June 11, 2026, and closes on June 17, 2026, is divided into a reserved category for small shareholders and a general category for other eligible shareholders.

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Wipro Limited has commenced the buyback of up to 60,00,00,000 fully paid-up equity shares at a price of ₹250 per share, aggregating to an amount of ₹15,000 crore. The offer represents 5.72% of the total paid-up equity share capital of the company. The buyback is being conducted through the tender offer route on a proportionate basis, following shareholder approval. The company has dispatched the Letter of Offer and Tender Form dated June 9, 2026, to eligible shareholders holding equity shares as on the record date of Friday, June 5, 2026.

The buyback size represents 24.99% and 19.99% of the aggregate of the fully paid-up equity share capital and free reserves as per the latest audited standalone and consolidated financial statements of the company as of March 31, 2026, respectively. Funds for the buyback are being sourced from current balances of cash and cash equivalents and/or internal accruals, with no borrowed funds utilized for this purpose.

The buyback opens on Thursday, June 11, 2026, and closes on Wednesday, June 17, 2026. The last date for the receipt of completed tender forms and other specified documents by the Registrar to the Buyback is June 17, 2026, by 5:00 PM IST. Shareholders who have not received the Letter of Offer can download it from the websites of the company, the Registrar to the Buyback, the Stock Exchanges, and the Manager to the Buyback.

Buyback Entitlement

The buyback is divided into two categories: a reserved category for small shareholders and a general category for all other eligible shareholders. Small shareholders are defined as those holding equity shares with a market value not exceeding ₹2,00,000 as on the record date.

Category of Shareholders Ratio of Buyback
Reserved Category for Small Shareholders 11 Equity Shares for every 56 Equity Shares held on the Record Date
General Category for All Other Eligible Shareholders 1 Equity Share for every 187 Equity Shares held on the Record Date

Key Dates

Activity Date
Record Date June 5, 2026
Buyback Opening Date June 11, 2026
Buyback Closing Date June 17, 2026
Last Date for Receipt of Tender Forms June 17, 2026
Last Date for Settlement June 24, 2026

JM Financial Limited has been appointed as the Manager to the Buyback, and KFin Technologies Limited is the Registrar to the Buyback. The company has appointed Standard Chartered Bank as the Escrow Agent. The board of directors approved the proposal on April 16, 2026.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
-1.51%-14.73%-9.59%-30.49%-28.80%-34.24%

How will the ₹15,000 crore cash outflow impact Wipro's ability to fund acquisitions or R&D in the fiscal year 2027?

What signal does this significant capital allocation send to investors regarding Wipro's growth prospects versus returning value to shareholders?

How might this buyback influence Wipro's relative weightage in major indices like the Nifty 50 and subsequent passive fund flows?

Wipro files FY26 Annual Report on Form 20-F with SEC

1 min read     Updated on 04 Jun 2026, 03:13 AM
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Wipro Limited filed its Annual Report on Form 20-F for the fiscal year ended March 31, 2026 with the U.S. Securities and Exchange Commission on June 2, 2026. The report, prepared under IFRS, is available online for ADS holders, with physical copies available upon request to comply with NYSE rules.

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Wipro Limited has filed its Annual Report on Form 20-F for the year ended March 31, 2026 with the U.S. Securities and Exchange Commission (SEC) on June 2, 2026. The report is now available online for American Depositary Shares (ADS) holders, replacing the physical distribution of the document. This filing ensures compliance with regulatory requirements while providing shareholders with access to comprehensive financial data prepared under International Financial Reporting Standards (IFRS).

The financial statements within the report adhere to IFRS and are accessible through the Wipro website. In accordance with New York Stock Exchange rules, the company will continue to provide physical and email copies of the Annual Report on Form 20-F to ADS holders upon request at no cost. This measure maintains accessibility for all investors regardless of their preference for format.

Filing Details

The Form 20-F submission includes audited financial results for the fiscal year ending March 31, 2026. The document serves as the primary annual report for the company's listing on the NYSE, where it trades under the symbol WIT, as well as its listings on the BSE and NSE in India.

Detail Description
Report Type Annual Report on Form 20-F
Fiscal Year End March 31, 2026
Filing Date June 2, 2026
Accounting Standards International Financial Reporting Standards (IFRS)
Availability Online via company website

The company has confirmed that the report is available for immediate review. Investors seeking specific details regarding the company's performance, governance, and risk factors can refer to the full document hosted on the investor relations section of the website.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
-1.51%-14.73%-9.59%-30.49%-28.80%-34.24%

How will the shift to digital-only distribution of the Annual Report impact shareholder engagement and accessibility?

What strategic initiatives outlined in the report will drive Wipro's growth in the upcoming fiscal year?

How does Wipro plan to address emerging risk factors highlighted in the 20-F filing?

More News on Wipro

1 Year Returns:-28.80%