Wipro promoter group shares free from encumbrance as on March 31, 2026

1 min read     Updated on 17 Jun 2026, 12:57 AM
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Wipro Limited declared that all shares held by its promoter group are free from encumbrance as on March 31, 2026, in a filing to the stock exchanges. The disclosure complies with SEBI regulations and lists the members of the promoter group.

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Wipro Limited has confirmed that all shares held by its promoter group are free from encumbrance as on March 31, 2026. This declaration ensures that the promoters' shareholding is not pledged or otherwise charged, which is a key indicator of financial stability for investors.

The disclosure was submitted to the National Stock Exchange of India Ltd. and BSE Ltd. on April 06, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Ganesh Kumar Ramachandran, an authorised signatory of the company.

The list of promoters and the promoter group includes prominent individuals and entities associated with Wipro Limited . The declaration covers the shareholding status of these members as of the specified date.

Promoter and Promoter Group Details

Sl. No. Name
1 Mr. Azim Hasham Premji
2 Mrs. Yasmeen Azim Premji
3 Mr. Rishad Azim Premji
4 Mr. Tariq Azim Premji
5 Mr. Azim Hasham Premji Partner Representing Hasham Traders
6 Mr. Azim Hasham Premji Partner Representing Prazim Traders
7 Mr. Azim Hasham Premji Partner Representing Zash Traders
8 M/s. Hasham Investment Trading Company Pvt Ltd
9 M/s. Azim Premji Philanthropic Initiatives Pvt Ltd (formerly known as Azim Premji Foundation (I) Pvt Ltd)
10 M/s. Azim Premji Trust
11 M/s. Prazim Trading and Investment Company Pvt Ltd

The confirmation of unencumbered shares provides transparency regarding the ownership structure of Wipro Limited.

Historical Stock Returns for Wipro

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%+2.19%-3.77%-29.98%-30.46%-34.55%

How might this declaration of unencumbered shares influence Wipro's stock performance in the upcoming quarter?

Could this move signal potential future acquisitions or increased capital allocation by the promoter group?

What impact will this transparency have on investor confidence amid current market volatility?

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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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
-0.88%+2.19%-3.77%-29.98%-30.46%-34.55%

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?

More News on Wipro

1 Year Returns:-30.46%