Wipro Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/04/2026 ,inter alia, to consider and approve The Board of Directors of the Company ....
WIPRO · price
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On the reaction day the stock moved 0.6 pts less than Nifty 100 and 0.1 pts less 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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Wipro has informed stock exchanges that its Board of Directors will meet over April 15-16, 2026 to consider a proposal to buyback equity shares. The buyback, if approved, will be conducted in accordance with the Companies Act, 2013 and SEBI (Buy-Back of Securities) Regulations, 2018. This is a preliminary intimation under SEBI LODR Regulation 29(1)(b), requiring advance notice of material corporate actions. No details on buyback size, price, or percentage have been disclosed at this stage. The actual outcome and terms, if approved, will be announced after the Board meeting concludes on April 16, 2026.
The announcement is broadly positive as buybacks typically return capital to shareholders and signal management confidence in the company's valuation. However, the lack of specific terms means investors must await the April 16 outcome for concrete details on offer price and size.