MoneyWorks4Me

Wipro sells stake in Denim Group for $22.4 million

03 Jun 2021 Evaluate

Wipro has sold its entire stake in Denim Group for a consideration of $22.42 million (about Rs 160 crore). Consequent to the sale, Wipro does not hold any stake in Denim Group.

In March 2018, the company has acquired a 33.33 percent stake in Denim Group and Denim Group Management, LLC, an independent application security firm, for a consideration of $8.83 million.

Wipro is a leading global information technology, consulting and business process services company.

Wipro Share Price

186.70 0.80 (0.43%)
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Company Name CMP
TCS 2453.70
Infosys 1173.10
HCL Technologies 1348.90
Wipro 186.70
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