Wipro ₹15,000 Crore Share Buyback to Open on Thursday, June 11, 2026: Key Details, Eligibility and Important Dates

Wipro's share buyback will open on June 11, 2026, and close on June 17, 2026, marking the IT company's first share buyback in nearly 3 years. 

The company plans to repurchase up to 60 crore equity shares, representing 5.7% of its total paid-up share capital, through the tender offer route. The buyback was announced at a price of ₹250 per share, offering a premium over the prevailing market price. 

The buyback comes at a time when Wipro share price has witnessed weakness amid concerns over AI-led disruption in the IT sector. The stock has declined by around 30% over the last 6 months and is down about 32% in 2026 so far. 

Wipro Buyback Eligibility and Entitlement Ratio 

Wipro has fixed June 5, 2026, as the record date for determining shareholder eligibility. 

Only shareholders whose names appeared in the company's records or whose shares were held in demat accounts on the record date are eligible to participate in the buyback. Investors purchasing shares after the record date will not be eligible. 

Under the reserved category for small shareholders, eligible investors can tender 11 equity shares for every 56 shares held on the record date. For shareholders in the general category, the entitlement ratio has been fixed at 10 equity shares for every 197 shares held. 

The company has reserved 9 crore shares, or 15% of the buyback size, for small shareholders. 

Eligible Shareholders Can Tender Shares 

The buyback will be conducted through the tender offer route.  

Wipro has also clarified that shareholders who received equity shares following the cancellation of American Depository Receipts (ADRs) are eligible to participate in the buyback. 

The company has further stated that members of the promoter and promoter group have indicated their intention to participate in the offer. 

Wipro Buyback Important Dates 

The buyback will remain open until June 17, 2026, which is the last date for shareholders to submit tender forms and related documents. 

The registrar is expected to complete verification of tendered shares by June 19, 2026, while the final acceptance or rejection of shares will be communicated to the stock exchanges by June 23, 2026. 

Payments to eligible shareholders and the return of unaccepted shares are scheduled for June 24, 2026. 

Read More: Wipro CEO Srinivas Pallia Earns ₹49.6 Crore in FY26, Nearly 7 Times Chairman Rishad Premji's ₹7.3 Crore 

Conclusion 

Wipro's ₹15,000 crore buyback opens on June 11 with a buyback price of ₹250 per share and will remain open until June 17. Eligible shareholders who held shares on the June 5 record date can participate through the tender route, subject to the prescribed entitlement ratio and buyback process. 

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