WIPRO LTD (WIT) Form 6-K — Jun 9, 2026
Wipro Limited has launched a tender offer to buy back up to 600 million equity shares, representing 5.72% of its total paid-up equity capital, at a price of INR 250 per share. The aggregate consideration for the buyback is INR 15,000 crore (approximately USD 18 billion), funded from internal accruals and cash reserves without raising additional debt. The buyback was approved by shareholders via postal ballot on May 21, 2026, and the tendering period runs from June 11, 2026, to June 17, 2026. Eligible shareholders as of the record date of June 5, 2026, can participate through the stock exchange mechanism, with 15% of the buyback size reserved for small shareholders.
Key figures
- Gross Proceeds
- 150000000000
- Offering Price
- 250
- Currency
- INR
- Tender end
- 2026-06-17
- Record date
- 2026-06-05
- Payment date
- 2026-06-24
- Tender start
- 2026-06-11
- Usd equivalent proceeds
- ~18.0 billion
- Buyback percentage of equity
- 5.72%
- Promoter participation intent
- Up to 744,77,75,834 shares
- Small shareholder reservation
- 15%
- Buyback percentage of free reserves standalone
- 24.99%
- Buyback percentage of free reserves consolidated
- 19.99%
AI analysis
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