Wipro Limited has completed the acquisition of an additional 20% stake in Aggne Global Inc through its step-down subsidiary, Wipro IT Services, LLC. The transaction closed on June 1, 2026, and Wipro received intimation of the completion on June 2, 2026.
Wipro had informed stock exchanges on June 1, 2026, that the step-down subsidiary would acquire the additional stake. The transaction was originally expected to be completed by June 5, 2026, but was finalized ahead of schedule on June 1, 2026.
The disclosure was made through a regulatory filing to the National Stock Exchange of India, BSE Limited, and the New York Stock Exchange under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Regulation 30 mandates disclosure of material events that may impact the decision-making of investors.
M Sanaulla Khan, Company Secretary of Wipro Limited, signed the regulatory filing submitted to the exchanges. The filing serves as an intimation and record of the transaction completion.
Wipro IT Services, LLC, a step-down subsidiary of Wipro Limited, executed the acquisition of the additional stake. The transaction increases Wipro's existing shareholding in Aggne Global Inc.
Wipro Limited provides information technology, consulting, and business process services to clients globally. Wipro's ordinary shares are listed on the BSE, National Stock Exchange of India, and New York Stock Exchange.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.