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Wipro (NYSE: WIT) CEO Pallia Srinivas reports initial ADR shareholdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Wipro Ltd director and Chief Executive Officer Pallia Srinivas filed an initial statement of beneficial ownership, showing direct holdings of the company’s equity through American Depositary Receipts. The filing reports 200,000 Equity Shares and a separate direct position of 350,370 Equity Shares.

The securities are described as American Depositary Receipts, with each ADR convertible into one Equity Share of Wipro. The disclosure establishes Srinivas’s starting ownership position as an insider, without reporting any specific purchase or sale transactions.

Positive

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Insider Pallia Srinivas
Role Chief Executive Officer
Type Security Shares Price Value
holding Equity Shares -- -- --
holding Equity Shares -- -- --
Holdings After Transaction: Equity Shares — 200,000 shares (Direct)
Footnotes (1)
  1. [object Object]
Direct holding 1 200,000 Equity Shares Total shares following holding entry for one position
Direct holding 2 350,370 Equity Shares Total shares following separate holding entry
ADR conversion ratio 1 ADR = 1 Equity Share Each American Depositary Receipt convertible into one Equity Share
American Depositary Receipts financial
"The securities are American Depositary Receipts ("ADR"). Each ADR is convertible"
A certificate traded on U.S. markets that represents ownership of shares in a foreign company, letting U.S. investors buy and sell that company as if it were listed domestically. Think of it as a local voucher for a foreign product: it makes price quotes in dollars, trades on familiar exchanges, and brings differences in liquidity, fees and legal protections that can affect returns and risk compared with buying the underlying foreign shares directly.
Equity Shares financial
"Each ADR is convertible into one Equity Share of the issuer."
Equity shares are units of ownership in a company that give the holder a claim on a portion of its assets and profits, like owning a slice of a business. They matter to investors because their value can rise or fall with the company’s performance and market sentiment, may provide periodic income through dividends, and often carry voting rights that influence how the business is run.
beneficial ownership financial
"filed an initial statement of beneficial ownership, showing direct holdings"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Pallia Srinivas

(Last)(First)(Middle)
DODDAKANNELLI
SARJAPUR ROAD

(Street)
BANGALORE, KARNATAKA560035

(City)(State)(Zip)

INDIA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
WIPRO LTD [ WIT ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Equity Shares200,000D
Equity Shares350,370(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The securities are American Depositary Receipts ("ADR"). Each ADR is convertible into one Equity Share of the issuer.
/s/ Lianna Whittleton, Attorney-in-Fact03/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Wipro (WIT) CEO Pallia Srinivas disclose in this insider filing?

The filing shows CEO and director Pallia Srinivas reporting his initial beneficial ownership in Wipro Ltd. He holds 200,000 Equity Shares and an additional direct position of 350,370 Equity Shares, establishing his starting insider stake without detailing any recent trades.

How many Wipro (WIT) equity shares does the CEO directly hold?

The disclosure reports two direct equity positions for Pallia Srinivas: one of 200,000 Equity Shares and another of 350,370 Equity Shares. Together, they outline his declared ownership as a company insider at the time of this initial beneficial ownership statement.

Are Wipro (WIT) securities in this filing American Depositary Receipts (ADRs)?

Yes. A footnote explains the reported securities are American Depositary Receipts. Each ADR is convertible into one Equity Share of Wipro Ltd, meaning every ADR represents a single underlying equity share, aligning the ADR count directly with the issuer’s shares.

Does this Wipro (WIT) insider filing show any share purchases or sales?

No specific purchases or sales are identified in the data provided. The entries are described as holding records with unknown transaction codes, indicating a disclosure of existing positions rather than a new buy or sell transaction by CEO and director Pallia Srinivas.

What is the purpose of this initial beneficial ownership disclosure for Wipro (WIT)?

The filing serves to document Pallia Srinivas’s equity stake as a director and Chief Executive Officer of Wipro Ltd. By listing his direct holdings in Equity Shares via ADRs, it provides transparency into his ownership position as he serves in these leadership roles.
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