• Azim Premji sells ₹7,300 crore worth shares in Wipro buyback

    Azim Premji sells ₹7,300 crore worth shares in Wipro buyback

    Published Date : 12-Sep-2019 7:28:40 IST

    Azim Premji and entities controlled by him have sold shares worth ₹7,300 crore during Wipro’s buyback offer that closed last month. Post the buyback, the promoter holding in the IT services company stands at 74.05% compared to 73.83% earlier. Notably, Premji has contributed $21 billion to his education-focused Azim Premji Foundation, which includes 67% of economic ownership of Wipro.

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