Wipro (WIPRO) — Corporate Action

Wipro Limited finalized the merger of five wholly-owned subsidiaries into itself, with the NCLT Bengaluru approving the scheme on June 6, 2025, effective April 1, 2025, to meet SEBI and audit requirements. The merger consolidates entities including Wipro HR Services and Wipro VLSI Design, with all subsidiaries 100% owned. Regulatory notices were served and no objections were raised. The company must settle outstanding dues, surrender PAN and GSTIN, pay ₹1.25 lakhs to authorities, and comply with stamp duty and tax obligations. The scheme binds all shareholders and creditors, with no tax exemptions granted.

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About Wipro Limited (WIPRO)

Information Technology · IT - Software · Listed on NSE

Market Cap: ₹1,99,392.54 Cr P/E: 15.0 ROE: 16.1% ROCE: 19.1%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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