Wipro Limited has informed the Exchange regarding a press release dated April 28, 2025, titled "Vorwerk Selects Wipro to Manage and Transform their IT Ecosystem".
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Wipro has announced that Vorwerk, a well-known German multinational (famous for the Thermomix kitchen appliance brand), has selected Wipro to manage and transform its IT ecosystem. This is a new client engagement for Wipro, covering IT infrastructure and digital transformation services for Vorwerk. The press release was issued on April 28, 2025. No deal value or contract duration has been disclosed in this filing.
This is a positive new logo win for Wipro's IT services business, reinforcing its European client base. However, without disclosed deal size, the immediate impact on stock price or revenue is expected to be limited.