Wipro Limited has informed the Exchange about Copy of Newspaper Publication
WIPRO · price
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Wipro Limited has filed a Postal Ballot Notice seeking shareholder approval for three special resolutions via e-voting. The resolutions include: (1) re-appointment of Ms. Tulsi Naidu (DIN: 03017471) as an Independent Director for a second 5-year term effective July 1, 2026; (2) appointment of Ms. Laura Marie Miller (DIN: 11546063) as an Independent Director for a 5-year term effective April 1, 2026; and (3) approval for a buyback of the company's equity shares. The notice was published in Business Standard (English) and Kannada Prabha (Kannada) newspapers on April 18, 2026, and copies have also been made available on the company's website and stock exchange portals. E-voting details have been sent electronically to members whose email IDs are registered with depositories or the registrar, KFin Technologies Limited.
The proposed buyback is the most material item for shareholders and is typically viewed positively as it reduces outstanding share count and can support the stock price, while also signaling management's confidence in the company's valuation. The director appointments bring fresh independent oversight and continuity to the board. Investors should watch for the buyback size, price, and timeline once the postal ballot is concluded.