Wipro's ₹15,000 crore share buyback closes on June 17, 2026, marking the last day for eligible shareholders to tender their shares under the company's repurchase offer. The IT services company plans to buy back up to 60 crore equity shares at a price of ₹250 per share, representing up to 5.7% of its paid-up equity share capital.
Only shareholders who held Wipro shares on the record date of June 5, 2026, are eligible to participate in the buyback.
Under the buyback offer, Wipro plans to repurchase up to 60 crore equity shares at ₹250 per share.
The buyback represents approximately 5.7% of the company's paid-up equity share capital. Investors who purchased Wipro shares after the record date of June 5, 2026, are not eligible to participate in the offer.
The company has also stated that its promoters and promoter group have indicated their intention to participate in the buyback and may tender up to 745 crore shares.
For shareholders falling under the reserved category for small shareholders, the entitlement ratio has been fixed at 11 equity shares for every 56 equity shares held as of the record date.
For shareholders under the general category, the entitlement ratio is 10 equity shares for every 197 equity shares held on the record date.
The entitlement ratio indicates the number of shares eligible shareholders can tender under the buyback based on their holdings.
The buyback closes on June 17, 2026, which is the final date for submitting 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 is scheduled to be communicated to the stock exchanges by June 23, 2026.
Payments to eligible shareholders and the return of unaccepted shares are expected to be completed on June 24, 2026.
As of 1:52 PM on June 17, 2026, Wipro share price was trading at ₹184.85, up ₹2.15 or 1.18% compared with the previous day's closing price.
Wipro's ₹15,000 crore share buyback closes on June 17, 2026, with eligible shareholders able to tender their shares at ₹250 per share. Investors who held shares on the record date can participate in the offer, while the verification, acceptance and payment process will continue over the coming week as per the announced schedule.
Investors interested in participating in share buyback offers can open a trading and demat account to invest and transact in the stock market.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 17, 2026, 2:14 PM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
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