Tag: Wipro Enterprises

Minority shareholders of Azim Premji’s Wipro Enterprises have shot off a letter to the company’s board of directors as well as Ministry of Corporate Affairs, SEBI, and Irdai, objecting to the capital reduction process proposed by the company. Wipro Enterprises, which is holding its AGM on Thursday , has offered to buy 1.55 per cent or 75.19 lakh shares held by 150 shareholders of the privately held company at ₹1,654 apiece. The promoter group holds 98.45 per cent in the company. Similar instance A similar attempt made by the...