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WIPRONSEWipro Limited· IT - SoftwareHighPositive
Announced Tue, 2 Dec, 2025 · 08:56 IST

Wipro Limited has informed the Exchange that pursuant to our letter dated August 21, 2025, informing that Wipro (through its subsidiaries) had signed a definitive agreement to acquire 100% shareholding in Harman Connected Services Inc. and its subsidiaries and certain other assets (collectively, DTS ) from Harman International Industries, Inc.It is hereby informed that the transaction has been completed on December 1, 2025.

Listed-company acquisitionStrategic Transactions View source PDFExplain this filing

WIPRO · price

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Price reactionminutes from the announcement price · days from the prior close
+0.3%Reaction day
₹250.10
prior close
₹250.00
announcement price
After-mkt
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Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.5%+0.7% vs market
Computers - Software & Consulting peers, median of 64sector-0.2%+0.5% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty 100 and 0.5 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Wipro has completed its 100% acquisition of Harman Connected Services Inc. and its subsidiaries (collectively 'DTS') from Harman International Industries, Inc. on December 1, 2025. The deal was originally announced via a definitive agreement signed in August 2025. This acquisition is expected to strengthen Wipro's digital engineering and connected services capabilities. No financial details of the deal were disclosed in this filing.

Likely market impact

The acquisition completion expands Wipro's digital engineering footprint and adds new clients/revenue streams. Shareholders should watch for integration updates and any disclosures on deal valuation and revenue contribution going forward.