Wipro Limited Announces Record Date for Equity Share Buyback
Wipro Limited announced a significant proposal to buy back equity shares, following the approval of both the Board of Directors and its shareholders. The company set the record date to determine which equity shareholders are eligible to participate in the buyback.The buyback process will involve up to 60,00,00,000 fully paid-up equity shares. The shares have a face value of ₹ 2 and will be acquired through a tender offer process.
Wipro Limited has fixed Friday, June 5, 2026, as the Record Date for the purpose of determining the entitlement and the names of eligible equity shareholders.
The financial details of the proposed buyback are as follows:
| Parameter | Detail |
|---|---|
| Shares to Buyback | Up to 60,00,00,000 (Sixty Crore Only) |
| Face Value per Share | ₹ 2/- (Rupees Two only) |
| Purchase Price per Share | ₹ 250/- (Rupees Two Hundred and Fifty only) |
| Maximum Aggregate Value | ₹ 1,50,00,00,00,000/- (Rupees Fifteen Thousand Crore only) |
The company stated that the buyback is approved by the Board of Directors and the shareholders.
WIPRO Stock Price Movement
Today, Wipro Limited shares gained 1.62% to settle at ₹203.11 after sessions concluded. The stock showed strong investor interest, trading approximately 40.01 million shares today.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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