Wipro Limited has informed the Exchange that pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is informed that Wipro Digital Inc. has been incorporated as a wholly-owned subsidiary of Wipro Limited (the Company ) with effect from August 4, 2025. The Company received intimation to this effect on August 6, 2025.
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Wipro Limited has incorporated a new wholly-owned subsidiary called Wipro Digital Inc. in the United States, effective August 4, 2025. The new entity will operate in the Information Technology sector, with the purpose of exploring new business opportunities and investments in IT consulting and services. Wipro holds 100% shareholding in the new entity, and the investment was made through subscription to share capital. No governmental or regulatory approvals were required for this incorporation.
This is a routine corporate restructuring step to set up a new US-based vehicle for pursuing IT consulting opportunities, giving Wipro greater operational flexibility in its key market. The impact on shareholders is neutral as it involves no capital raise, related-party deal, or change in shareholding pattern.