WIPROBSEWipro LtdMediumNeutral
Announced Mon, 29 Jun · 14:45 IST

Wipro promoter Rishad Premji tenders 7.6 lakh shares in company buyback

Ownership 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
₹175.07
base price
In-mkt
timing
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-0.0+0.0+0.4+0.2-2.7-2.9-0.7+0.4-0.4-1.2+0.8
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AI summary

Wipro promoter Rishad Azim Premji has disclosed under SEBI SAST Regulation 29(2) that 7,62,543 equity shares (0.01% of share capital) held by him were accepted in Wipro's ongoing buyback. Tendering period was June 11 to June 17, 2026. His holdings fell from 1,35,37,782 shares to 1,27,75,239 shares, but his percentage holding stays flat at 0.13% as the company share capital also reduced from about Rs 2,100.7 crore to Rs 1,980.7 crore. The disclosure covers Rishad Premji along with 10 PACs including Azim Premji, Hasham Traders, Prazim Traders, Zash Traders and the Azim Premji Trust.

Likely market impact

Routine buyback tender disclosure. No change in promoter's effective stake percentage. Neutral for the stock.