Wipro is all set to acquire an additional 20% stake in Aggne Global IT Services. The said transaction is expected to be completed by June 30, 2026. This additional stake purchase in Aggne Global IT Services will further strengthen Wipro’s competitive advantage in the insurance sector- particularly in driving AI, and IP led transformations for the Property & Casualty Insurance (P&C) sector.
With this, Wipro’s shareholding in Aggne Global IT Services will increase to 80%.
Earlier, the company and Wipro IT Services, LLC (step-down subsidiary) had acquired 60% stake in Aggne Global IT Services, and Aggne Global Inc., respectively and that the said transaction was completed on February 14, 2024.
Wipro is a leading global information technology, consulting and business process services company.
| Company Name | CMP |
|---|---|
| TCS | 2095.60 |
| Infosys | 1041.40 |
| HCL Technologies | 1101.45 |
| Wipro | 175.00 |
| Tech Mahindra | 1436.65 |
| View more.. | |
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