Wipro Share Price in Focus; Completes the 100% Acquisition of Mindsprint Pte

Wipro Limited has announced the completion of its acquisition of Mindsprint Pte. Ltd and its subsidiaries.
The company informed stock exchanges that the transaction, which was earlier expected to close by June 30, 2026, has now been completed ahead of schedule on May 15, 2026.
Wipro Completes Induspring Acquisition
According to the regulatory filing, Wipro had earlier signed a definitive agreement on April 6, 2026, to acquire 100% shareholding in Mindsprint Pte. Ltd and its subsidiaries. The company has now confirmed that the acquisition process has been successfully completed.
The transaction was executed through Wipro’s subsidiaries as part of its broader strategic expansion initiatives. While the company did not disclose the financial details of the acquisition in the latest filing, the completion marks another step in Wipro’s inorganic growth strategy within the technology and digital services space.
Strategic acquisitions continue to remain an important part of growth for major IT companies as they look to expand capabilities across cloud, consulting, artificial intelligence, cybersecurity, and enterprise technology solutions.
The latest acquisition is expected to support Wipro’s long-term business expansion and strengthen its service offerings across global markets.
Focus Remains on Growth and Capability Expansion
India’s leading IT companies have increasingly focused on acquisitions to improve technological capabilities, client reach, and digital transformation expertise amid evolving enterprise demand trends.
Read More: Wipro FY26 Results: Revenue at ₹926.2 Billion, Net Profit at ₹132 Billion; ₹150 Billion Buyback Announced!
Wipro Share Price Performance
As of 18 May 2026, at 9:35 AM Wipro share price is trading at ₹190.05 per share, reflecting a surge of 0.026% from the previous closing price.
Conclusion
The completion of the Induspring acquisition highlights Wipro’s continued focus on strategic expansion and strengthening its technology capabilities through inorganic growth initiatives.
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Published on: May 18, 2026, 9:48 AM IST

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