03-Oct-2026 15:54:48
WIPROAcquisition and merger
WIPRO : STEP-DOWN SUBSIDIARIES MERGED
• Wipro VLSI Design Services, LLC (step-down subsidiary) merged into Wipro IT Services, LLC (step-down subsidiary) • Merger is effective from October 1, 2026 • Wipro VLSI Design Services, LLC's turnover was USD 1,043,971 as of March 31, 2026 • Wipro IT Services, LLC's turnover was NIL as of March 31, 2026 • The transaction aims to rationalize and consolidate the overall group structure Impact: Neutral (Internal restructuring of step-down subsidiaries)
Wipro Limited
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