Wipro Buyback Opens June 11, Closes June 17

As per the recent notification issued by the NSE, Wipro Limited has announced a buyback of equity shares through the Tender Offer route. Eligible shareholders can participate in the buyback during the bidding period from 11 June 2026 to 17 June 2026.

Key Highlights:

• Company: Wipro Limited
• Corporate Action: Buyback
• Mode: Tender Offer
• Exchange: NSE
• Security Symbol: WIPRO
• Series: EQ
• Buyback Price: ₹850 per share
• Issue Size: Up to 60,00,00,000 Equity Shares
• Face Value: ₹2 per share
• Lot Size: 1 Equity Share
• Merchant Banker: JM Financial Limited
• Registrar: KFin Technologies Limited

Buyback Schedule

Our View

Share buybacks are generally viewed as a shareholder-friendly corporate action. They often reflect management's confidence in the company's long-term prospects and provide an opportunity for eligible investors to tender their shares at a premium price. The actual benefit to shareholders, however, will depend on factors such as the acceptance ratio and individual shareholding category.

Next Steps

We recommend that you:

• Review your holdings in Wipro Limited.
• Assess your eligibility to participate in the buyback offer.
• Evaluate the buyback price in comparison to the prevailing market price.
• Consult your relationship manager to understand the tendering process and likely acceptance ratios.

Please feel free to connect with us for any clarification or guidance regarding participation in the Wipro Buyback Offer.