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.