MoneyWorks4Me

Wipro reply to clarification sought by the Exchange

19 May 2015 Evaluate

The Exchange had sought clarification from Wipro with respect to news article appearing on Business Today & ET Now on May 15, 2015 titled ‘Wipro faces class action complaint in US’. Wipro replied stating that they complies with the laws of all of the countries in which it does business, but it is not immune to being sued. They would not like to comment on this specific litigation, except to say it will vigorously defend itself against these allegations.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2173.20
Infosys 1055.25
HCL Technologies 1239.65
Wipro 166.40
Tech Mahindra 1555.00
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