WIPROBSEWipro LtdHighNeutral
Announced Mon, 29 Jun · 14:50 IST

Wipro promoter Prazim Traders tenders 1.23% shares in company buyback

Promoter Stake Sell 1pctOwnership Changes View source PDF

WIPRO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹175.09
prior close
₹175.15
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.3+0.3+0.1-2.7-2.9-0.7+0.4-0.4-1.2+0.8
Up moveDown movePending
AI summary

Wipro promoter entity Prazim Traders (representing Azim Premji) tendered 12.16 crore equity shares equal to 1.23 percent of share capital in the company's ongoing buyback. The tendering window ran from June 11 to June 17, 2026. Promoter group holding moved from 20.57 percent to 20.58 percent post-buyback due to capital reduction. The buyback shrank Wipro's total equity share capital from about Rs 2,100 crore to Rs 1,980 crore.

Likely market impact

Promoter exits 1.23 percent stake via buyback. Overall promoter holding almost unchanged at 20.58 percent after capital shrink. Routine disclosure, neutral for stock.