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Wipro’s arm transfers entire shareholding held in Wipro Gulf LLC

27 Mar 2024 Evaluate

Wipro’s wholly-owned subsidiary -- Wipro Holdings (UK) has transferred its entire shareholding in Wipro Gulf LLC (step-down subsidiary) to Wipro IT Services UK Societas (wholly-owned subsidiary), effective March 26, 2024. The transaction has been undertaken with the intention to rationalize and simplify the overall group structure.

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

Peers
Company Name CMP
TCS 2082.00
Infosys 998.00
HCL Technologies 1264.05
Wipro 164.35
Tech Mahindra 1549.70
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