Wipro Limited (WIPRO) — Board Meeting Announcement

StockFin.ai Try Free →

📢 Key Event
Shareholders approved re-appointment of Independent Directors and a ₹15,000 crore buyback via e-voting

🔄 What Changed
Re-appointment of two Independent Directors and approval of a ₹15,000 crore share buyback program

💡 Investor Takeaway
The buyback may support share price by reducing outstanding shares and signaling confidence in the company's valuation.

Wipro Limited announced the results of a remote e-voting postal ballot where shareholders approved three special resolutions: re-appointment of Ms. Tulsi Naidu as Independent Director for a second term effective July 1, 2026; appointment of Ms. Laura Marie Miller as Independent Director for a 5-year term effective April 1, 2026; and approval of a buyback of up to 60 million equity shares at ₹250 per share for a total consideration of ₹15,000 crore. The voting period ran from April 22 to May 21, 2026, with results validated against records as of April 17, 2026, and the Scrutinizer's report submitted to the Company Secretary on May 21, 2026. All resolutions passed with assent percentages exceeding 99.5%.

📄 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 →

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

Wipro Limited (WIPRO) — Board Meeting Announcement

About Wipro Limited (WIPRO)

Recent Announcements from Wipro Limited