Wipro (WIPRO) — Related Party Transaction

Wipro Limited signed a definitive agreement on August 21, 2025, to acquire 100% shareholding in Harman Connected Services Inc. and subsidiaries (DTS) from Harman International Industries for up to US$375 million including earn-outs. DTS is a global ER&D and IT services provider with 5,600 employees across 14 countries and US$314.5 million in CY24 revenue. The acquisition expands Wipro's engineering services capabilities in AI-powered digital and device engineering across technology, aerospace, healthcare, and consumer sectors. Anti-trust approvals are required, with expected completion by December 31, 2025.

📄 View Original Announcement (PDF)

📊 Stock Analysis — WIPRO ✨ Ask AI About This

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%

View full WIPRO stock details →

📡 Get AI alerts when WIPRO files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track WIPRO — Free

💡 Ask AI about this filing

"How does this related party transaction affect Wipro Limited's outlook?" "What did Wipro Limited announce on 21 August 2025?" "Is this positive or negative for WIPRO?"

Ask AI Free →

📊 More WIPRO filings

See all WIPRO filings →

🔥 Also filed on 21 August 2025

IOC Indian Oil Corporation Limited Corporate Action LUPIN Lupin Limited Corporate Action VEDL Vedanta Limited Corporate Action VEDL Vedanta Limited Corporate Action CHOLAFIN Cholamandalam Investment and Finance Company Limited Corporate Action MAXHEALTH Max Healthcare Institute Limited Financial Results

View all today's announcements →

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

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when WIPRO files new disclosures

Track WIPRO filings, board meetings, and corporate actions. Free email alerts at 5 PM.