MoneyWorks4Me

Wipro’s arm gets nod for issuing US dollar denominated notes up to $750 million

10 Jun 2021 Evaluate

Wipro’s step-down subsidiary-- Wipro IT Services has received approval for issuing US dollar denominated notes of up to $750 million. The board of directors of the company, at their meeting held on June 9, 2021, granted its approval to ‘unconditionally and irrevocably’ guarantee the due and prompt payment of the principal and interest and any additional amount payable in respect of the notes, as and when the same shall become and payable.

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

Peers
Company Name CMP
TCS 2250.00
Infosys 1076.00
HCL Technologies 1255.00
Wipro 169.85
Tech Mahindra 1575.00
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