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Wipro Shareholders Approve Key Resolutions in Postal Ballot

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Wipro Shareholders Approve Key Resolutions in Postal Ballot

Wipro ( (WIT) ) has provided an update.

On March 30, 2025, Wipro Limited announced the results of a postal ballot conducted through remote electronic voting. The shareholders approved three special resolutions: the re-appointment of Mr. Deepak M. Satwalekar as an Independent Director, the migration of shares allocated for restricted stock units to the ADS Restricted Stock Unit Plan 2004, and the extension of benefits under this plan to eligible employees of Wipro Limited group companies. These resolutions, passed with the requisite majority, are expected to strengthen Wipro’s governance and employee benefit structures, potentially enhancing its market position and stakeholder confidence.

More about Wipro

Wipro Limited is a leading global information technology, consulting, and business process services company, headquartered in Bangalore, India. It provides comprehensive IT solutions and services, including systems integration, consulting, information systems outsourcing, IT-enabled services, and R&D services. Wipro is known for its focus on innovation and sustainability, serving clients across various industries worldwide.

YTD Price Performance: -12.07%

Average Trading Volume: 5,433,775

Technical Sentiment Signal: Sell

Current Market Cap: $35.82B

See more data about WIT stock on TipRanks’ Stock Analysis page.

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