Wipro Merger & Restructuring Worth ₹15,000 Cr

Wipro Other Announcement

Wipro designated person Anubhav Pateriya acquired 94,466 ADRs via RSU/PSU exercise on October 27, 2026. This PIT Reg 7(2) filing discloses the ADR acquisition.

Wipro Employee Stock Options

Wipro allotted 2,25,996 equity shares under its ADS RSU, RSU and ESOP/PSU/RSU schemes on 27 Oct 2026. The allotment follows routine exercise of employee stock options and RSUs.

Wipro Earnings Call Transcript: Key Takeaways

Wipro reported flat sequential revenue of $2.61B for Q2 FY27 with margins expanding to 16.5%. Strategy centers on AI-powered consulting and sector-specific transformations.

Wipro Results Update

Wipro reported Q2 FY27 gross revenue of $2,583 million and net income of $333.9 million. Operating margin expanded 0.5% QoQ to 16.5% with EPS up 4.2% YoY.

Wipro Q2 FY27 Results: Net Profit ₹3,200 Cr, Down 1.9% YoY

Wipro Ltd reported revenue from operations of ₹24,753 Cr (+9.1% YoY) and net profit of ₹3,200 Cr (-1.9% YoY) for Q2 FY27.

Key figure

Net profit ₹3,200 Cr · -1.9% YoY

Wipro Price Movement Clarification

Wipro clarified that the recent U.S. PERM application suspension will not have a material business impact. The company emphasized its existing U.S. localization strategy.

Emkay Global Financial Services Merger & Restructuring Worth ₹2.75 Cr

Emkay Global agreed to sell its Wealth Management Business to a step-down subsidiary, Emkay Wealth Advisory, for Rs. 2.75 Crore cash. Completion is expected by 26 January 2027.

Value

₹2.75 Cr

Execution

Completion expected by 26 January 2027

TVS Holdings Merger & Restructuring

TVS Holdings forwarded TVS Motor's board outcome of October 28, 2026 approving acquisition of Harita ARC and a composite scheme of amalgamation and demerger. The scheme is subject to stock exchange, SEBI, NCLT and shareholder approvals.

Emkay Global Financial Services Merger & Restructuring Worth ₹30 Cr

Emkay Global approved transferring two subsidiaries to new subsidiary ECPL and slump-selling its wealth business. Up to Rs.30 Crore rights investment in ECPL was also approved.

Value

₹30.00 Cr

Execution

Divestment completion expected within 90 days of SPA execution, subject to regulatory approvals

Fortis Healthcare Merger & Restructuring Worth ₹277 Cr

Fortis subsidiary International Hospital acquired Suguna Ramaiah Hospitals' business, operations, land and building for Rs 277 Crore cash. The deal was consummated today, strengthening Bengaluru presence.

Value

₹277.0 Cr

Vraj Iron & Steel Merger & Restructuring Worth ₹4.55 Cr

Vraj Iron and Steel transferred 396,000 MVK Industries shares to promoter Gopal Sponge for Rs 4.55 Crore. The sale was completed on October 28, 2026.

Value

₹4.55 Cr

KPIT Technologies Merger & Restructuring Worth ₹19.2 Cr

KPIT Technologies will incorporate a new Vietnam subsidiary for mobility engineering, with 100% control. The company commits USD 2 million (about Rs 19.20 Crore) in cash.

Value

₹19.20 Cr