Azim Premji details major Wipro (NYSE: WIT) share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Wipro Ltd director and major shareholder Azim H. Premji has filed an initial statement of ownership on Equity Shares. The filing shows a direct holding of 431,156,714 Equity Shares, along with large indirect positions through entities such as Hasham Traders, Prazim Traders and Zash Traders, and additional holdings via investment companies, spouse and sons. The filing also notes that Mr. Premji disclaims beneficial ownership of shares held by Azim Premji Trust and Azim Premji Philanthropic Initiatives Pvt Ltd.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Premji Azim H.
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Equity Shares | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
| holding | Equity Shares | -- | -- | -- |
Holdings After Transaction:
Equity Shares — 680,385,966 shares (Indirect, By Azim Premji Trust);
Equity Shares — 431,156,714 shares (Direct)
Footnotes (1)
- Mr. Azim H. Premji disclaims beneficial ownership of shares held by Azim Premji Trust. Mr. Azim H. Premji disclaims beneficial ownership of shares held by Azim Premji Philanthropic Initiatives Pvt Ltd.
FAQ
What does Azim H. Premji’s Form 3 filing for WIPRO LTD (WIT) show?
The Form 3 filing reports Azim H. Premji’s existing ownership of Wipro Equity Shares. It lists a large direct stake plus several substantial indirect holdings through trusts, trading entities, investment companies and immediate family members, without disclosing any new purchase or sale transactions.
What indirect WIPRO LTD (WIT) holdings are reported for Azim H. Premji?
Indirect holdings include large Equity Share positions held by entities such as Hasham Traders, Prazim Traders, Zash Traders, Hasham Investment and Trading Company Pvt Ltd, Prazim Trading And Investment Company Pvt. Ltd., and additional stakes reported as being held by his spouse and sons.
What is the role of Azim Premji Trust and Azim Premji Philanthropic Initiatives in these WIPRO LTD holdings?
The filing shows Equity Shares held by Azim Premji Trust and Azim Premji Philanthropic Initiatives Pvt Ltd. Footnotes state that Mr. Azim H. Premji disclaims beneficial ownership of the shares held by each of these philanthropic entities, clarifying how those positions are treated for reporting.
Does Azim H. Premji’s WIPRO LTD Form 3 indicate recent buying or selling activity?
The Form 3 functions as an initial ownership statement rather than a trade report. It presents direct and indirect Equity Share holdings as of the referenced date, without identifying any specific buy or sell transactions or showing changes in share counts from earlier levels.
Why is Azim H. Premji identified as a ten percent owner of WIPRO LTD (WIT)?
He is classified as a ten percent owner because the reported direct and indirect Equity Share positions collectively represent a very large stake. The filing’s checkboxes indicate he is both a director and a beneficial owner of more than ten percent of Wipro’s registered equity securities.