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Wipro’s arm transfers entire shareholding held in Wipro Financial Outsourcing Services

18 Jul 2024 Evaluate

Wipro’s wholly-owned subsidiary -- Wipro Holdings (UK) has transferred its entire shareholding in Wipro Financial Outsourcing Services (step-down subsidiary) to Wipro IT Services UK Societas (wholly-owned subsidiary), effective July 17, 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 2500.00
Infosys 1161.95
HCL Technologies 1416.00
Wipro 187.00
Tech Mahindra 1807.00
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