STOCK TITAN

Wipro (NYSE: WIT) tenders 60 crore shares in buyback at ₹250

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Wipro Limited has completed a major share repurchase and reported the outcome in a Form 6-K. The company published a Post-Buyback Public Announcement covering the buyback of 60,00,00,000 fully paid equity shares with a face value of ₹2 each at a price of ₹250 per share.

The buyback was conducted on a proportionate basis through a tender offer for shareholders on record as of June 5, 2026, and the public announcement was released on June 26, 2026.

Positive

  • None.

Negative

  • None.

Insights

Wipro confirms completion of a large tender offer share buyback.

Wipro Limited has finalized a tender offer buyback involving 60,00,00,000 fully paid equity shares at ₹250 per share. The transaction was executed via a proportionate tender process for shareholders on the June 5, 2026 record date.

This kind of buyback reduces the number of shares held by participating investors and concentrates ownership among remaining shareholders. The filing focuses on regulatory compliance, noting that a Post-Buyback Public Announcement was published on June 26, 2026 and shared with Indian exchanges and the NYSE.

The overall impact depends on how this buyback size compares with Wipro’s total shares outstanding and future capital allocation plans, which are not detailed in this excerpt. Subsequent company disclosures may provide more context on balance sheet effects and ongoing shareholder return strategy.

Shares in buyback announcement 60,00,00,000 equity shares Fully paid equity shares referenced in Post-Buyback Public Announcement
Buyback price per share ₹250 per equity share Tender offer buyback price
Face value per share ₹2 per equity share Face value of fully paid equity shares
Record date for buyback eligibility June 5, 2026 Shareholders on record date eligible for tender offer
Post-Buyback announcement date June 26, 2026 Publication date of Post-Buyback Public Announcement
Post-Buyback Public Announcement financial
"the Company has published the Post-Buyback Public Announcement for the Buyback"
tender offer process financial
"through the tender offer process"
fully paid up Equity Shares financial
"60,00,00,000 (Sixty Crore) fully paid up Equity Shares of the Company"
Record date financial
"from the equity shareholders of the Company as on the Record date i.e., June 5, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
face value financial
"face value of ₹2/- (Rupees Two Only) each at a price of ₹250/-"
Face value is the printed, original value of a financial instrument—what is written on a bond or share certificate as the amount it represents, like the price shown on a ticket. For investors it matters because face value determines the principal amount repaid at maturity and the basis for interest or coupon payments on bonds, and it affects legal and accounting measures for shares even if market price moves above or below that printed number.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of June 2026

Commission File Number 001-16139

 

 

Wipro Limited

(Translation of Registrant’s name into English)

 

 

Doddakannelli

Sarjapur Road

Bengaluru, Karnataka 560035, India +91-80-2844-0011

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒   Form 40-F ☐

 

 
 


ANNOUNCEMENT OF SHARE BUYBACK COMPLETION

Wipro Limited, a company organized under the laws of the Republic of India (the “Company”), hereby furnishes the Commission with a copy of the following information relating to the completion of the buyback of its equity shares (the “Share Buyback Offer”). The following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On June 26, 2026, the Company placed a public announcement (the “Public Announcement”) in certain Indian newspapers concerning the completion of its Share Buyback Offer. A copy of the form of this Public Announcement has been shared with the stock exchanges in India on which the Company’s equity shares are listed and the New York Stock Exchange, and such copy is attached to this Form 6-K as Item 99.1.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

WIPRO LIMITED
/s/ M Sanaulla Khan
M Sanaulla Khan
Senior Vice President & Company Secretary

Dated: June 26, 2026.


INDEX TO EXHIBITS

 

Item

    
99.1    Public Announcement placed in Indian newspapers on June 26, 2026.

Exhibit 99.1

 

LOGO

June 26, 2026

The Manager - Listing

BSE Limited

(BSE: 507685)

The Manager - Listing

National Stock Exchange of India Limited

(NSE: WIPRO)

The Market Operations

NYSE, New York

(NYSE: WIT)

Dear Sir/Madam,

Sub: Submission of Post-Buyback Public Announcement for Buyback of equity shares of Wipro Limited (“Company”)

Pursuant to regulation 24(vi) of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended, the Company has published the Post-Buyback Public Announcement for the Buyback of 60,00,00,000 (Sixty Crore) fully paid up Equity Shares of the Company of face value of 2/- (Rupees Two Only) each at a price of 250/- (Rupees Two Hundred and Fifty Only) per equity share on a proportionate basis from the equity shareholders of the Company as on the Record date i.e., June 5, 2026 through the tender offer process.

We are enclosing herewith copy of the Post-Buyback Public Announcement published on June 26, 2026 for your information and records.

Thanking you,

 

For Wipro Limited

/s/ M Sanaulla Khan

M Sanaulla Khan
Company Secretary
Encl: As above

 

LOGO


LOGO

 


LOGO

 


LOGO

 

FAQ

What did Wipro Limited (WIT) disclose in its June 2026 Form 6-K?

Wipro disclosed completion of a share buyback via a Post-Buyback Public Announcement. The filing states a tender offer buyback of 60,00,00,000 equity shares at ₹250 per share, with details circulated to Indian exchanges and the NYSE.

How many Wipro Limited (WIT) shares were covered in the buyback announcement?

The announcement covers a buyback of 60,00,00,000 fully paid equity shares. These shares have a face value of ₹2 each and were bought back through a proportionate tender offer from shareholders on the specified record date.

At what price did Wipro Limited (WIT) conduct its share buyback?

Wipro conducted the buyback at ₹250 per equity share. The shares have a face value of ₹2 each, and the buyback was executed on a proportionate basis through the tender offer process from eligible shareholders.

What was the record date for Wipro Limited’s (WIT) share buyback?

The record date for the buyback was June 5, 2026. Shareholders recorded on that date were eligible to participate in the tender offer process described in the Post-Buyback Public Announcement filed with the exchanges.

When was Wipro Limited’s (WIT) Post-Buyback Public Announcement published?

The Post-Buyback Public Announcement was published on June 26, 2026. On the same date, Wipro submitted the announcement to BSE, NSE, and NYSE and furnished it as an exhibit to its Form 6-K filing.

What process did Wipro Limited (WIT) use for its share buyback?

Wipro used a tender offer process on a proportionate basis. Equity shareholders on the June 5, 2026 record date could tender fully paid shares, which were repurchased at ₹250 each according to Securities and Exchange Board of India buyback regulations.

Filing Exhibits & Attachments

1 document