Wipro Limited , a leading global information technology company, has announced the completion of a strategic merger within its corporate structure. The company's wholly-owned subsidiary, Wipro Digital Inc., has been merged with its step-down subsidiary, Harman Connected Services Inc. This corporate action, effective from December 1, 2025, aims to rationalize and consolidate Wipro's group structure.

Merger Details

The merger involves two key entities within the Wipro group:

Strategic Implications

This merger is part of Wipro's ongoing efforts to optimize its corporate structure. By consolidating these subsidiaries, Wipro aims to:

1. Streamline operations
2. Enhance operational efficiency
3. Potentially reduce administrative overhead

Regulatory Compliance

Wipro has duly informed the stock exchanges about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the necessary details as required under the relevant SEBI circulars.

Market Impact

While the immediate market impact of this merger may be limited, it demonstrates Wipro's commitment to organizational efficiency. Investors and stakeholders may view this as a positive step towards a more streamlined corporate structure, which could potentially lead to improved operational performance in the long run.

As this is an internal restructuring, there are no changes to Wipro's overall business offerings or market position. The company continues to be a major player in the global IT services industry, offering a wide range of technology solutions and services.

Wipro Limited , a leading global information technology company, has announced an update to its internal policies to enhance transparency and compliance with regulatory standards.

Key Highlights

• Policy Updated: Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information
• Regulatory Alignment: Incorporates recent amendments to SEBI (Prohibition of Insider Trading) Regulations, 2015

Policy Amendments and Implications

Wipro's updated Code of Practices and Procedures for Fair Disclosure establishes a framework for managing and disclosing price-sensitive information. The key aspects of the amended code include:

1. Uniform Disclosure: Ensures consistent dissemination of price-sensitive information to maintain market fairness.
2. Legitimate Information Sharing: Defines guidelines for sharing information for legitimate business purposes while safeguarding against misuse.
3. Analyst and Investor Interactions: Outlines procedures for engaging with analysts and investors to prevent selective disclosure of material information.

Compliance and Accessibility

The amended code demonstrates Wipro's commitment to maintaining standards of corporate governance and regulatory compliance. The company has made the updated code available on its official website, ensuring access for stakeholders and regulatory bodies.

Table: Key Components of Wipro's Updated Fair Disclosure Code

This update reflects Wipro's approach to corporate governance and its dedication to maintaining transparency in its operations. By aligning its practices with the latest regulatory standards, Wipro aims to foster trust among its stakeholders and ensure compliance with evolving securities regulations.

Investors and market participants are advised to familiarize themselves with these changes, as they may impact how material information is disclosed and disseminated by the company in the future.