Wipro gets nod for buy­back

The Hindu Business Line - - FRONT PAGE -

Wipro said its share­hold­ers have given nod to the com­pany’s ₹11,000-crore buy­back pro­posal. Last month, the com­pany said it will pur­chase up to 343.75 mil­lion shares at ₹ 320 per share. The com­pany said in a fil­ing with the BSE that a spe­cial res­o­lu­tion for the pro­posal was passed through postal bal­lot and e-vot­ing by mem­bers by req­ui­site ma­jor­ity. A to­tal of 99.68 per cent of the votes were cast in favour of the buy­back of­fer.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.