Results of Postal Ballot by remote e-voting process and Proceedings of the meeting
WIPRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Wipro shareholders approved three special resolutions via postal ballot with overwhelming support. The first resolution reappointed Ms. Tulsi Naidu as Independent Director for another 5-year term starting July 1, 2026, with 99.55% votes in favour. The second appointed Ms. Laura Marie Miller as Independent Director for a 5-year term from April 1, 2026, with 99.81% approval. The third approved a share buyback of up to 60 crore equity shares (5.72% of capital) at ₹250 per share, totaling ₹15,000 crore (approximately 20% of consolidated free reserves), with 99.79% shareholder support. All resolutions passed with requisite majorities on May 21, 2026.
The share buyback of ₹15,000 crore is positive for shareholders as it provides an exit opportunity at a premium and signals management confidence in the company's intrinsic value. The strong board continuity with reappointment of independent directors reinforces governance stability.