Buyback29 Jun 2026, 03:11 pm
Azim Premji Sells 0.24% Stake in Wipro via Buyback
AI Summary
Azim Premji and Persons Acting in Concert (PACs) have disclosed the sale of 2,32,96,670 equity shares, representing 0.24% of Wipro Limited's total share capital, through the company's buyback program. The buyback tendering period was from June 11 to June 17, 2026. Following this transaction, Azim Premji's holding has been adjusted, with the total diluted share capital also seeing a corresponding decrease. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Azim Premji sold 0.24% stake in Wipro via company buyback.
- Transaction involved 2,32,96,670 equity shares.
- Disclosure made under SEBI SAST Regulations, 2011.
- Buyback tendering period was June 11-17, 2026.
- Promoter group holding adjusted post-buyback.
Price Impact
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