Wipro Ltd 6-K, filed Dec 29, 2022
Wipro Ltd (WIT)
About this 6-K
Wipro Ltd filed this 6-K on December 29, 2022.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of December 2022
Commission File Number 001-16139
Wipro Limited
(Exact name of Registrant as specified in its charter)
Not Applicable
(Translation of Registrant’s name into English)
Karnataka, India
(Jurisdiction of incorporation or organization)
Doddakannelli
Sarjapur Road
Bangalore, Karnataka 560035, India +91-80-2844-0011
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:
Form 20-F ☑ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ☐ No ☑
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ☐ No ☑
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
DISCLOSURE OF ACQUISITION
Wipro Limited, a company organized under the laws of the Republic of India (the “Company”), hereby furnishes the Commission with the following information relating to Company’s previous announcements made on December 16, 2020 and January 5, 2022, in which the Company informed the securities exchanges that it had completed the acquisition of a 96.7% equity stake in Encore Theme Technologies Private Limited (“Encore Theme”), a specialist in providing SaaS and Cloud solutions in financial services. The following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
On December 28, 2022, the Company informed the securities exchanges in India on which its securities are listed and the New York Stock Exchange that the Company has completed the acquisition of a remaining 3.3% equity stake in Encore Theme on December 27, 2022, and now holds a total 96.7% equity stake in Encore Theme. With the completion of the 3.3% equity stake, Encore Theme has become a wholly owned subsidiary of the Company with effect from December 27, 2022. A copy of the letter to the securities exchanges is attached hereto as Item 99.1.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly organized.
| WIPRO LIMITED |
| /s/ Jatin Pravinchandra Dalal |
| Jatin Pravinchandra Dalal |
| Chief Financial Officer |
Dated: December 29, 2022
Exhibit 99.1
December 28, 2022
The Manager – Listing
BSE Limited
(BSE: 507685)
The Manager – Listing
National Stock Exchange of India Limited
(NSE: WIPRO)
The Market Operations
NYSE, New York
(NYSE: WIT)
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Please refer to our earlier letters dated December 16, 2020 and January 25, 2022, informing that Wipro Limited (“Company”) has acquired 96.7% equity stake in Encore Theme Technologies Private Limited (“Encore Theme”).
In continuation to the aforesaid letters, the Company has completed the acquisition of the remaining 3.3% equity stake in Encore Theme yesterday (December 27, 2022). With the completion of the acquisition of aforesaid equity stake, Encore Theme has become a wholly owned subsidiary of the Company w.e.f. December 27, 2022.
This is for your information and records.
Thanking You,
For Wipro Limited
| /s/ M Sanaulla Khan |
M Sanaulla Khan
Company Secretary
