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Wipro Limited ( (IN:WIPRO) ) has shared an announcement.
Wipro Limited has announced a restructuring plan involving the sale of its entire holding in Drivestream India Private Limited to Drivestream Inc., an associate company. The transaction, which is a related party transaction conducted at arm’s length, is expected to be completed by December 31, 2025, and involves the transfer of equity and optionally convertible preference shares, totaling 3,50,776 equity shares after conversion.
More about Wipro Limited
Wipro Limited is a leading global information technology, consulting, and business process services company. It focuses on delivering solutions that enable its clients to do business better through its deep industry experience and comprehensive range of services.
Average Trading Volume: 381,976
Technical Sentiment Signal: Sell
Current Market Cap: 2520.6B INR
For an in-depth examination of WIPRO stock, go to TipRanks’ Overview page.