Wipro Ltd 6-K, filed Aug 17, 2023
Wipro Ltd (WIT)
About this 6-K
Wipro Ltd filed this 6-K on August 17, 2023.
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 August 2023
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.
NOTICE OF PENDING MATERIAL LITIGATION
Wipro Limited, a company organized under the laws of the Republic of India (the “Company”) hereby furnishes the Commission with a copy of the following information relating to pending material litigation as required to be filed under the Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 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 August 14, 2023, the Company informed the securities exchanges in India on which its securities are listed, and the New York Stock Exchange, with details related to various pending material litigation as of June 30, 2023. A copy of such letter to the stock exchanges is attached to this Form 6-K 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: August 17, 2023
INDEX TO EXHIBITS
| Item |
||
| 99.1 | Letter to the Exchanges dated August 14, 2023. | |
Exhibit 99.1
| ||
|
August 14, 2023 |
||
| 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 the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Please find enclosed herewith disclosure under Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
Thanking you,
For Wipro Limited
| SANAULLA KHAN MOHAMMED | Digitally signed by SANAULLA KHAN MOHAMMED Date: 2023.08.14 21:38:49 +05‘30’ |
M Sanaulla Khan
Company Secretary
Annexure - A
| The company is giving details of pending litigation for Tax related demands for Income Tax and Sales Tax/ VAT Matters as on 30th June 2023. The tax litigations relate to different years and are pending at different forums- Adjudicating Authority, Commissioner Appeals, Tribunal, High Court and Supreme Court. |
| |||||
| Nature of the Dues |
Particulars |
Amount as on 30th June 2023 (Rs. million) |
||||
| Income Tax |
(a) Cases decided in the Company’s favor by Appellate authorities and for which the department has filed or expected to file further appeals | 83,843 | ||||
| (b) Cases pertaining to issues decided in favor of the Company for earlier years but demand raised for a similar issue for subsequent years and are pending before Appellate authorities | 8,523 | |||||
| Total | 92,366 | |||||
| Amount deposited under protest | 880 | |||||
| Sales Tax/ VAT |
(a) Cases pending before VAT appellate tribunal pertaining to multiple years | 5,742 | ||||
| Total | 5,742 | |||||
| Amount deposited under protest | 285 | |||||