Wipro Ltd Completes Mergers of Step-Down Subsidiaries Capco RISC Consulting LLC, Cardinal US Holdings, Inc.

Wipro Ltd has completed the mergers of its step-down subsidiaries Capco RISC Consulting LLC with The Capital Markets Company, LLC and Cardinal US Holdings, Inc. with Wipro IT Services, LLC. The mergers were effective on March 30, 2026 (Eastern Time) and March 31, 2026 (Eastern Time) respectively. The rationale behind these mergers is to rationalize and consolidate the overall group structure. No cash consideration or change in shareholding pattern was involved in these mergers.