Wipro Launches Mega Buyback Program of Up To ₹ 15 Thousand Crore, Targeting Shareholder Returns

Wipro Launches Mega Buyback Program of Up To ₹ 15 Thousand Crore, Targeting Shareholder Returns​

Wipro Limited has initiated a significant share buyback program, offering eligible shareholders an opportunity to sell their equity shares at a fixed premium. The company is undertaking the buyback through a tender offer route via the stock exchanges.

The proposed buyback targets up to sixty crore (60,00,00,000) fully paid-up Equity Shares of the company. With a face value of ₹ 2/- per share, the shares are being offered back at a Buyback Price of ₹ 250/- per Equity Share. The aggregate consideration for this buyback is up to ₹ 1,50,00,00,00,000 (Rupees Fifteen Thousand Crore only).

The offer was released following the approval of a special resolution by shareholders via postal ballot and remote e-voting, with the company having already received necessary approvals for the buyback. The maximum size of the proposed transaction represents 5.72% of the total number of Equity Shares in the paid-up Equity Share capital as of March 31, 2026.

Key Dates and Tendering Details​

Eligible shareholders can participate in the buyback through a defined period:


The company has divided the Equity Shares into two categories for tendering purposes: a Reserved Category for Small Shareholders and a General Category for all other Eligible Shareholders. The entitlement ratios are as follows:

• Reserved Category (Small Shareholders): 11 Equity Shares for every 56 fully paid-up Equity Shares held on the Record Date.
• General Category (All Other Eligible Shareholders): 10 Equity Shares for every 197 fully paid-up Equity Shares held on the Record Date.

Promoter Participation and Shareholding Analysis​

The company's management noted that as of the Public Announcement date, the aggregate shareholding of the Promoter and Promoter Group stood at 7,61,68,40,898 Equity Shares, representing 72.53% of the existing equity share capital. The promoter group has expressed an intention to tender up to a maximum of 7,44,77,75,834 Equity Shares.

The buyback was undertaken by the company to return surplus funds to its shareholders and is expected to enhance financial ratios such as earnings per share and return on equity by reducing the equity base.

Financial Impact Assessment​

Management provided a detailed assessment of the likely impact of the buyback, with calculations based on both standalone and consolidated audited financial statements for the year ended March 31, 2026. The post-buyback figures are calculated assuming full acceptance of the proposed tender offer.

The comparative data is summarized below:

Financial Parameters (Standalone Audited Statements - March 31, 2026)


Financial Parameters (Consolidated Audited Statements - March 31, 2026)

Financial Health and Reserves​

The company confirmed that the aggregate amount proposed for the buyback, amounting to up to ₹ 1,50,00,00,00,000, does not exceed 25% of the total paid-up capital and free reserves based on both standalone and consolidated audited financial statements as of March 31, 2026.

The buyback will be funded from current balances in free reserves or securities premium account, with a transfer of an amount equal to the nominal value of the Equity Shares purchased through the buyback being made to the capital redemption reserve account.

WIPRO Stock Price Movement​

Shares of Wipro Limited slipped by 8.45% on Monday to settle at ₹181.76, trading significantly down from the previous close. The stock shed ₹16.77, hitting a 52-week low amid volumes totaling 75.16 million shares.