WIPRONSEWipro Limited· Computers - SoftwareLowNeutral
Announced Tue, 3 Jun · 15:39 IST

Wipro Limited has informed the Exchange regarding a press release dated Jun 03, 2025, titled "Entrust Selects Wipro to Accelerate Growth Strategy".

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Wipro has secured a multiyear engagement with Entrust, a global identity-centric security solutions provider, to support Entrust's growth strategy. Wipro will deliver strategic resources for product development, infrastructure, and application modernization, while deploying Gen AI-powered solutions to improve self-service, query resolution, and support response times. The deal also involves strengthening application security through advanced analytics and intelligent software development. Notably, this deal was first mentioned in Wipro's Q2 FY25 results press release (October 17, 2024) but without disclosing the client name as Entrust.

Likely market impact

This announcement provides clarity on a previously unnamed deal and reinforces Wipro's positioning in AI-powered IT services and the cybersecurity domain, which is a positive signal for new business momentum though no deal value has been disclosed.