Wipro Ltd.

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Large Cap | IT - Software
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Azim Premji Trust sells 2.73% stake in Wipro

Date: 22-12-2017

Azim Premji Trust, along with other promoter entities, has sold its 2.73% stake for more than Rs 5,700 crore in the recently concluded buyback offer. The trust along with nine other promoter entities -- who were persons acting in concert (PAC) -- offloaded a little over 17.96 crore shares during the buyback that closed on December 13. The price for the buyback offer was fixed at Rs 320 per share.

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