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 Aasonn Philippines Inc. - Philippines, stepdown subsidiary of Wipro Limited (Company), has been voluntarily dissolved with effect from October 1, 2025.
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Wipro Limited has informed the stock exchange that its stepdown subsidiary, Aasonn Philippines Inc., based in the Philippines, has been voluntarily dissolved effective October 1, 2025. The disclosure is made under SEBI's Listing Obligations and Disclosure Requirements Regulations. This is a routine corporate restructuring step involving a small overseas entity. No financial details, transaction value, or impact on consolidated operations have been disclosed in this filing.
Minimal impact expected on Wipro's business or shareholders, as this is the wind-up of a small stepdown subsidiary with no disclosed material financial contribution. Investors should not read this as a strategic shift; it is routine housekeeping.