Voler Car Limited Renews Master Service Agreement with Wipro Limited for Ten Years
Voler Car Limited has announced the renewal of its Master Service Agreement with Wipro Limited. The agreement, covering employee transportation services, is set to remain valid for a period of 10 years.The renewed partnership formalizes the relationship between Voler Car Limited and Wipro Limited for the provision and management of essential employee transportation and mobility solutions.
The core terms of the agreement were detailed as follows:
| Detail | Description |
|---|---|
| Entity Partner | Wipro Limited |
| Nature of Agreement | Renewal of Master Service Agreement for Employee Transportation Services |
| Duration | 10 Years |
| Effective Date | June 1, 2026 |
| Scope of Services | Provision and management of employee transportation and mobility solutions by Voler Car Limited |
The renewal signifies the continued business collaboration between the Company and Wipro Limited. Furthermore, the details confirm that the transaction does not fall within related party transactions, and neither the promoter nor the promoter group holds any interest in the entity.
Voler Car Limited stated that the renewal is expected to strengthen the Company's long-term business operations.
VOLERCAR Stock Price Movement
Shares of Voler Car Limited are slipping by 3.01% in live trading, currently at ₹222, as of 2:31 PM. The equity shed ₹6.90 amid selling pressure, while recording a substantial total volume of 47,200 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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