STOCK TITAN

Wipro (NYSE: WIT) completes extinguishment of 60,00,00,000 buyback shares

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

Rhea-AI Filing Summary

Wipro Limited has completed the cancellation of equity shares repurchased under its 2026 share buyback. The company extinguished 60,00,00,000 equity shares, reducing its equity share capital from 10,50,35,49,797 shares to 9,90,35,49,797 shares.

The buyback tendering period ran from June 11 to June 17, 2026, with extinguishment dated June 25, 2026 and confirmed by depositories and the registrar. Promoter and promoter group holdings moved from 7,61,68,40,898 shares to 7,18,87,95,772 shares, while total equity capital remains fully subscribed at 100% pre- and post-buyback.

Positive

  • None.

Negative

  • None.
Shares extinguished 60,00,00,000 equity shares Total equity shares cancelled in 2026 buyback
Pre-buyback equity capital 10,50,35,49,797 shares Equity share capital before extinguishment
Post-buyback equity capital 9,90,35,49,797 shares Equity share capital after extinguishment
Promoter shares post-buyback 7,18,87,95,772 shares Promoter and promoter group holdings after buyback
Demat shares extinguished 59,99,96,904 shares Cancelled via JM Financial Services on June 25, 2026
Physical shares extinguished 3,096 shares Cancelled in certificate WPL061296 on June 25, 2026
NSDL debit quantity 599,996,904.000 shares NSDL system debit on June 25, 2026
Buyback Regulations regulatory
"In accordance with the provisions of Regulations 24(iv) of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended (the “Buyback Regulations”)"
Tendering Period financial
"the Tendering Period for the Buyback opened on Thursday, June 11, 2026 and closed on Wednesday, June 17, 2026"
A tendering period is the set time window when shareholders can agree to sell their shares in response to a buyout offer or corporate repurchase. Like a limited-time sale where sellers decide whether to accept the offered price, it matters to investors because the outcome determines whether their shares will be bought, at what price and quantity, and how control, share count and liquidity of the company may change afterward.
extinguishment financial
"Completion of extinguishment of 60,00,00,000 (Sixty Crore) Equity Shares of Wipro Limited"
Public Announcement regulatory
"Pursuant to the public announcement dated May 22, 2026 (the “Public Announcement”)"
Letter of Offer financial
"and the letter of offer dated June 9, 2026 (the “Letter of Offer”)"
Secretarial Auditor regulatory
"For V Sreedharan & Associates Secretarial Auditor Firm Registration No: P1985KR014800"
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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 Form 20-F or Form 40-F:

Form 20-F ☒    Form 40-F ☐

 

 
 


ANNOUNCEMENT OF CANCELLATION OF EQUITY SHARES

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 30, 2026, the Company informed the stock exchanges in India on which its securities are listed and the New York Stock Exchange (the “Exchanges”) of the completion of the cancellation of equity shares repurchased in connection with the Share Buyback Offer. A copy of such letter to the Exchanges and the enclosures are 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: July 2, 2026


INDEX TO EXHIBITS

 

Item     
99.1    Letter to the stock exchanges submitted on June 30, 2026

Exhibit 99.1

June 30, 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: Completion of extinguishment of 60,00,00,000 (Sixty Crore) Equity Shares of Wipro Limited (the “Company”)

Pursuant to the public announcement dated May 22, 2026 (the “Public Announcement”) and the letter of offer dated June 9, 2026 (the “Letter of Offer”), the Tendering Period for the Buyback opened on Thursday, June 11, 2026 and closed on Wednesday, June 17, 2026.

In accordance with the provisions of Regulations 24(iv) of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended (the “Buyback Regulations”), the following are the details of the Equity Shares bought back by the Company and extinguished:

 

Equity share capital before the said
extinguishment(1) (Number of Equity Shares)

 

Number of Equity Shares extinguished

 

Equity share capital after the said extinguishment
(Number of Equity Shares)

10,50,35,49,797

  60,00,00,000   9,90,35,49,797

Note:

(1)

7,41,918 Equity Shares and 5,37,492 Equity Shares were allotted to employees of the Company in discharge of subsisting obligations pursuant to the exercise of stock options under various employee stock option plans of the Company on June 9, 2026 and June 19, 2026, respectively, post-dispatch of the Letter of Offer dated June 9, 2026 and have been included in the Issued, Subscribed and Fully Paid-up Equity Share Capital.

All terms used herein and not specifically defined shall have the same meaning as ascribed to such terms under the Public Announcement and the Letter of Offer.


We also enclose a copy of the certificate dated June 30, 2026 relating to the above extinguishment of 60,00,00,000 Equity Shares, in accordance with the provisions of Regulation 11(iv) of the Buyback Regulations.

The number of Equity Shares bought back, and the post-Buyback shareholding pattern were disclosed in the Post Buyback Public Announcement dated June 25, 2026, published and submitted for your records on June 26, 2026 and have been reproduced in Annexure A for ease of reference.

Thanking You,

For Wipro Limited

/s/ M Sanaulla Khan

M Sanaulla Khan

Company Secretary

ENCL: As above


Annexure A

The shareholding pattern of the Company, pre and post Buyback, is as under:

 

Category of Shareholder

   Pre Buyback      Post Buyback  
   Number of
Equity Shares
     % to the
Pre
Buyback
Equity
Share
capital
     Number of
Equity Shares
     % to
post
Buyback
Equity
Share
capital
 

Promoter and Promoter Group

     7,61,68,40,898        72.52        7,18,87,95,772        72.59  

Foreign Investors (Including ADRs, Non-Resident Indians, FIIs, FPIs, Foreign Nationals, and Overseas Corporate Bodies)

     1,21,68,26,162        11.58        2,71,47,54,025        27.41  

Financial Institutions/Banks, NBFCs & Mutual Funds

     59,08,46,761        5.63  

Others (Public, Bodies Corporate, Clearing Members, Trusts and HUF) (1)

     1,07,90,35,976        10.27  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

     10,50,35,49,797        100.00        9,90,35,49,797        100.00  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)

7,41,918 Equity Shares and 5,37,492 Equity Shares which were allotted to various employees of the Company in discharge of subsisting obligations pursuant to exercise of stock options under various employee stock option plans of the Company on June 9, 2026 and June 19, 2026, respectively, post-dispatch of the Letter of Offer dated June 9, 2026 and have been included in the Issued, Subscribed and Fully Paid-Up Equity Share Capital.


CERTIFICATE OF EXTINGUISHMENT OF EQUITY SHARES BOUGHT BACK BY WIPRO

LIMITED (the “Company”)

The certificate is being issued pursuant to the requirements of Regulation 11 of Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended (“Buyback Regulations”).

Pursuant to the Public Announcement dated May 22, 2026, Letter of Offer dated June 9, 2026, the tendering period for the Buyback Offer opened on Thursday, June 11, 2026 and closed on Wednesday, June 17, 2026 (the “Tendering Period”). The following are the details of the Equity Shares bought back by the Company during the said Tendering Period and extinguished.

A. The equity shares extinguished in dematerialized form are as under:

 

Name of the Depository

Participant and DP ID No.

   Company’s
A/c. No.
     Date of
Extinguishment
     No. of Equity Shares
Extinguished
 

JM Financial Services Limited – IN302927

     10288238        June 25, 2026        59,99,96,904  

B. The equity shares extinguished in physical form are as under:

 

Registered Folio No.

   Certificate
No.
     Distinctive No. of Equity
Shares
     Date of
Extinguishment
     No. of Equity Shares
Extinguished
 

WPL061296

     1022158        682308662 to 682311757        June 25, 2026        3,096  

C. The total equity shares extinguished/destroyed in dematerialized and physical form are as under:

 

Total Number of Equity Shares Extinguished/ Destroyed (A + B)

     60,00,00,000  

This is to certify that the above equity shares of the Company, being in dematerialized form were extinguished in compliance with the provisions of Regulation 11 of the Buyback Regulations. This is for your information and records.


For Wipro Limited

 

/s/ Rishad A. Premji

 

Name: Rishad A. Premji

Designation: Chairman

Place: Bengaluru

  

For Wipro Limited

 

/s/ Srinivas Pallia

 

Name: Srinivas Pallia

Designation: Chief Executive Officer and Managing Director

Place: USA

For V Sreedharan & Associates

Secretarial Auditor

Firm Registration No: P1985KR014800

 

/s/ Pradeep B Kulkarni

 

Name: Pradeep B Kulkarni

Designation: Partner

ICSI Membership No: 7260

Place: Bengaluru

  

For KFin Technologies Limited

Registrar to the Buyback

 

/s/ M Murali Krishna

 

Name: M Murali Krishna

Designation: Senior Vice President

Place: Hyderabad

Date: June 30, 2026

Enclosed: Confirmation from National Securities Depository Limited for extinguishment of Equity Shares in dematerialized form.

CC:

JM Financial Limited

7th Floor, Cnergy,

Appasaheb Marathe Marg,

Prabhadevi, Mumbai - 400 025, India.


LOGO    LOGO

 

Ref : II/CA/COM/65826/2026       June 25,2026

Mr. Sanaulla Khan Mohammed

Company Secretary

Wipro Limited

Doddakannelli

Sarjapur Road

Bangalore -560035

Sub : Buy-back (tender offer)

Dear Sir,

As per the corporate action(s) executed by your R&T Agent/Registry Division viz; KFIN TECHNOLOGIES LIMITED.. , Equity Shares were credited/debited to the account(s) in the NSDL system, details of which are given below :

 

ISIN

  

ISIN Description

  

D/C

  

Records

  

Quantity

  

Execution Date

INE075A01022    WIPRO LIMITED EQ F.V. RS. 2    Debit    1    599,996,904.000    25/Jun/2026

You may contact your R&T Agent/Registry Division for further details in this regard.

Yours faithfully,

Prathmesh V Mungle

Deputy Vice President

Digitally Signed By

Name: PRATHMESH MUNGLE

Date:25/06/2026 14:28:56

Reason: Authentication

Location: NSDL,Mumbai

 

LOGO   

3rd - 7th Floor, Naman Chambers, Plot C32, G - Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051, India

Tel.: 91-22-6944 8400 | CIN-L74120MH2012PLC230380 | Email: info@nsdl.com | Web: www.nsdl.co.in

FAQ

What did Wipro (WIT) announce in this June 2026 Form 6-K?

Wipro announced completion of its 2026 share buyback, confirming extinguishment of 60,00,00,000 equity shares. This reduced the company’s total equity share capital and formalized the cancellation through confirmations from depositories, the registrar, auditors, and senior management.

How many Wipro equity shares were cancelled in the 2026 buyback?

Wipro cancelled 60,00,00,000 equity shares that were repurchased in its buyback offer. These shares were extinguished on June 25, 2026, in both dematerialized and physical form, and are no longer part of the company’s outstanding equity share capital.

What is Wipro’s equity share capital after the 2026 buyback cancellation?

After extinguishing 60,00,00,000 equity shares, Wipro’s equity share capital stands at 9,90,35,49,797 shares. Before the extinguishment, equity share capital was 10,50,35,49,797 shares, so the filing documents a clear reduction in the total number of outstanding shares.

Over what period did Wipro’s 2026 buyback tender take place?

The buyback tendering period opened on Thursday, June 11, 2026, and closed on Wednesday, June 17, 2026. These dates were set out in the May 22, 2026 public announcement and the June 9, 2026 letter of offer referenced in the disclosure.

How were Wipro’s extinguished shares processed in dematerialized form?

In dematerialized form, 59,99,96,904 Wipro equity shares were extinguished through JM Financial Services Limited on June 25, 2026. A separate small balance of 3,096 shares in physical form was also cancelled, bringing the total to 60,00,00,000 extinguished shares.

Who certified the completion of Wipro’s 2026 share extinguishment?

The extinguishment was certified by Wipro’s Chairman Rishad A. Premji, CEO and Managing Director Srinivas Pallia, secretarial auditor V Sreedharan & Associates, and registrar KFin Technologies Limited, providing formal confirmation that the cancellations complied with applicable Buyback Regulations.

Filing Exhibits & Attachments

1 document