Wipro (WIPRO) — Related Party Transaction

Wipro Limited completed a merger of its wholly-owned subsidiary Wipro Digital Inc. (turnover: nil) with step-down subsidiary Harman Connected Services, Inc. (turnover: USD 223.54 million as of December 31, 2024) effective December 1, 2025. The transaction was structured to rationalize and consolidate group operations within IT and engineering services. No related party transaction classification or arm's length considerations apply, and no cash consideration or shareholding pattern changes occurred.

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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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