Wipro Ltd

Wipro Announces ₹15,000 Cr Buyback at ₹250/Share – Key Insights 📊

- ₹15,000 crore buyback of 60,00,00,000 shares at ₹250 each

- 15% reserved for small shareholders (holdings ≤ ₹2 lakh)

- ADS holders must convert shares to participate (requires Indian brokerage)

- ₹250/share represents 15.22% premium over 60-day NYSE average.

- Fully compliant with SEBI regulations, no borrowed funds used

- No delisting of shares post-buyback

- ADS holders may face capital gains tax in India

- Auditors confirm financial capacity, no insolvency risk