Wipro Limited has informed the Exchange that pursuant to our letter dated April 6, 2026, informing that Wipro (through its subsidiaries) had signed a definitive agreement to acquire 100% shareholding in Mindsprint Pte. Ltd. and its subsidiaries, with the transaction expected to be completed by June 30, 2026.It is hereby informed that the transaction has been completed on May 15, 2026.
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Wipro Limited has completed the acquisition of 100% shareholding in Mindsprint Pte. Ltd. and its subsidiaries through its subsidiaries. The definitive agreement was signed on April 6, 2026, with an expected completion by June 30, 2026. The transaction was completed ahead of schedule on May 15, 2026. No financial details regarding the deal value have been disclosed in this filing. Mindsprint is likely a technology-related business aligned with Wipro's IT services operations.
This acquisition strengthens Wipro's capabilities by bringing Mindsprint's operations under its control. While no financial terms were disclosed, completing the deal ahead of schedule suggests smooth execution. For shareholders, this represents Wipro's continued expansion strategy through acquisitions, which could be viewed positively if Mindsprint contributes meaningfully to revenue.