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 Business Services LLC has been incorporated as a step-down subsidiary of Wipro Limited (the Company ) with effect from January 20, 2026. The Company received intimation to this effect on January 21, 2026.
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Wipro Limited has informed the stock exchanges that a new step-down subsidiary, Wipro Business Services LLC, has been incorporated with effect from January 20, 2026. The company received intimation of this incorporation on January 21, 2026. This is a routine corporate disclosure made under SEBI's Listing Obligations and Disclosure Requirements. No financial details, investment size, or business purpose for the new entity have been disclosed in this filing.
Step-down subsidiary incorporations are routine corporate actions and typically have no immediate material impact on shareholders or stock price. Investors should watch for further disclosures on the subsidiary's business purpose, capital infusion, or contribution to revenue.