Wipro Completes Major Equity Buyback: Shareholding Pattern Updated Post-Transaction
Wipro Limited has finalized its equity buyback, which involved the repurchase of shares from beneficial owners as of the record date of June 5, 2026. The transaction saw significant participation across different shareholder categories, resulting in updates to the company's capital structure.The total amount utilized in the Buyback process was ₹50,00,00,000 (Fifty Crore Rupees Only). This buyback included a designated portion for small shareholders and general equity shareholders, ultimately repurchasing 8,24,13,12,377 equity shares out of a reserved total of 60,00,00,000.
Buyback Details and Response
The Tendering Period for the buyback ran from June 11, 2026, to June 17, 2026. The settlement of all valid bids was completed on Wednesday, June 24, 2026.Key figures regarding the purchase include:
- Total Equity Shares Reserved: 60,00,00,000
- Total Valid Applications Received: 6,55,690
- Total Equity Shares Validly Tendered: 8,24,13,12,377
- Overall Response Rate: 1,373.55%
The purchase distribution across categories is detailed below:
| Category | Reserved in the Buyback (No. of Shares) | No. of Valid Applications | Total Equity Shares Validly Tendered | % Response |
|---|---|---|---|---|
| Reserved for Small Shareholders | 9,00,00,000 | 6,30,850 | 25,61,67,596 | 284.63% |
| General Category for Equity Shareholders | 51,00,00,000 | 24,840 | 7,98,51,4,781 | 1,565.71% |
| Total | 60,00,00,000 | 6,55,690 | 8,24,13,12,377 | 1,373.55% |
Capital Structure and Shareholding Pattern Post-Buyback
The buyback led to changes in the company's fully paid up share capital structure. Pre-buyback, Wipro had 10,50,35,49,797 Equity Shares and a corresponding financial value of ₹21,007 million.Post-completion of the buyback, the number of issued equity shares settled at 9,90,35,49,797 with an associated amount of ₹19,807 million. The total authorized capital remains unchanged at 12,54,35,00,000 Equity Shares, valued at ₹25,087 million.
The details regarding shareholder participation are provided in the following tables:
Shareholders Contributing under Buyback (Total):
| Name | Equity Shares Accepted under Buyback | % of Total Equity Shares Bought Back | % of Post Buyback Equity Share Capital |
|---|---|---|---|
| AZIM HASHAM PREMJITRUST | 3,83,24,141 | 6.39% | 0.39% |
| AZMHASHAM PREMLI | 2,32,96,570 | 3.88% | 0.24% |
| LIFE INSURANCE CORPORATION OF INDIA (MULTIPLES SCHEMES) | 1,39,55,250 | 2.33% | 0.14% |
| PRAZIMTRADING AND INVESTMENT COMPANY PRIVATE LIMITED | 1,09,11,016 | 1.82% | 0.11% |
| Total | 43,84,89,417 | 73.08% | 4.43% |
Shareholding Pattern Update:
| Category of Shareholder | Pre Buyback (No. of Equity Shares) | % of Buyback in Pre Share Capital | Post Buyback (No. of Equity Shares) | % of Buyback in Post Share Capital |
|---|---|---|---|---|
| Promoter and Promoter Group | 7,61,68,40,898 | 72.52% | 7,18,87,95,772 | 72.59% |
| Financial Institutions/Banks, NBFCs & Mutual Funds | 59,08,46,761 | 5.63% | 2,71,47,54,025 | 27.41% |
| Others Public and Corporate Bodies | 1,07,90,35,976 | 10.27% | 2,71,47,54,025 | 27.41% |
| Total | 10,50,35,49,797 | 100.00% | 9,90,35,49,797 | 100.00% |
WIPRO Stock Price Movement
On Thursday, Wipro Limited shares edged higher, settling at ₹175.09 after gaining 0.35% in trading. However, the company's equity plunged to hit a 52-week low amidst sessions that saw 21.54 million shares changing hands.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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