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, Cardinal US Holdings, Inc. (step-down subsidiary) has transferred its entire shareholding in Capco Consulting Services LLC (step-down subsidiary) to The Capital Markets Company, LLC (step-down subsidiary), effective March 30, 2026 (Eastern Time). The Company received intimation to this effect on April 1, 2026.
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Wipro's step-down subsidiary Cardinal US Holdings, Inc. transferred its entire membership interest in Capco Consulting Services LLC to another step-down subsidiary, The Capital Markets Company, LLC. The transfer was effective March 30, 2026. The company received the intimation on April 1, 2026. According to the filing, the transaction was undertaken to rationalize and simplify the overall group structure. There is no change in the ultimate beneficial ownership — Capco Consulting Services LLC remains 100% owned within the Wipro group. No benefit to the promoter or promoter group was indicated.
This is an internal group restructuring with no change in Wipro's public shareholder structure or core business. It carries no immediate impact on Wipro's stock price or financial performance.