Wipro Ltd.

The Securities and Exchange Board of India (SEBI) has granted certain exemptions to Wipro from the buyback norms in case of the company’s proposed share repurchase programme. Wipro in November 2018 had filed an application with SEBI to seek exemption from the strict enforcement of the buyback norms for the merger of its four wholly-owned subsidiaries with itself.

Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.