80th AGM proceedings, Rs15000cr buyback, Rs11 dividend confirmed
WIPRO · price
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168 members attended Wipro's 80th AGM on July 15, 2026. Chairman Rishad Premji noted FY26 revenue of $10.5B (down 1.6% in constant currency), IT services margin at 17.2%, and net income up 2.2% to $1.43B. Members approved FY26 financials, confirmed total dividend of Rs11 per share, and reappointed Azim Premji. Board approved a record Rs150B buyback. CEO Srinivas Pallia outlined AI-led strategy, $16.4B in bookings, HARMAN Digital Transformation Solutions acquisition, and $500M commitment to Wipro Ventures.
Positive signals: record Rs150B buyback, steady margins, and clear AI strategy. Dividend and Azim Premji reappointment reinforce stability for shareholders.