Wipro Management Change
Wipro appointed Angan Guha as President and CEO for Americas 2 Strategic Market Unit, effective 8 December 2026. He was Global CEO and Managing Director of Birlasoft.
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Wipro appointed Angan Guha as President and CEO for Americas 2 Strategic Market Unit, effective 8 December 2026. He was Global CEO and Managing Director of Birlasoft.
Wipro designated person Rajasekhar Ramadas sold 65,415 ADRs worth Rs 1.33 Crore on 3 November 2026. The filing reports zero holding after the sale.
Wipro allotted 95,503 equity shares under employee RSU and ESOP schemes. The allotment reflects routine employee share issuance with no stated consideration.
Wipro's Designated Person Vinay Firake sold 2,00,000 ADRs worth Rs 4.07 Crore on 30 October 2026. Holding fell to 1,05,043 units.
Wipro designated person Satyaki Banerjee sold 10,000 ADRs valued at about Rs 0.20 Crore, executed on NYSE. The filing is a Reg 7(2) PIT disclosure of this insider sale.
Wipro disclosed a designated person's 34,200-share ADR sale worth about ₹0.67 Crore on 28 October 2026. The sale followed RSU exercise, leaving 60,266 securities held.
Wipro's step-down subsidiary completed its acquisition of a 20% stake in FLARRE.AI on 28 Oct 2026. The transaction amount is Rs.0.02 Crore.
Wipro completed its 20% stake acquisition in FLARRE.AI, Inc. via Wipro IT Services, LLC on October 28, 2026. No deal value was disclosed.
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 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 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 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 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.
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.