Wipro Share Price in Focus; Extends Timeline for the Acquisition of Select Customer Contracts of Alpha Net Consulting

Wipro has revised the timeline for its proposed acquisition of selected customer contracts of Alpha Net Consulting LLC and its subsidiaries. The transaction, which was earlier expected to close by September 30, 2026, is now expected to be completed by December 31, 2026. 

The update comes through Wipro's latest filing on September 30, 2026, following earlier disclosures about the agreement in April 2026 and June 2026.  

Completion Date Moved to December 

Wipro had previously indicated September 30, 2026, as the expected completion date for the transaction. The company has now extended that timeline by up to three months. 

The revised date places the expected completion of the transaction on or before December 31, 2026.  

Agreement Covers Selected Customer Contracts 

The deal involves Wipro, through its subsidiaries, acquiring selected customer contracts of Alpha Net Consulting LLC and its subsidiaries. 

The latest filing does not provide details about the individual contracts covered by the agreement or their value.  

Earlier Updates Came in April and June 

Wipro had first informed the exchanges about the definitive agreement on April 15, 2026. It followed this with another communication on June 23, with both updates carrying September 30 as the expected completion date.  

The September 30 communication now replaces that earlier timeline with December 31, 2026 as the latest expected completion date. 

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Wipro Share Price Performance  

As of 01 October 2026, at 11:33 AM, Wipro Ltd share price is trading at ₹159.58 per share, reflecting a surge of 0.68% from the previous trading session. 

Conclusion 

Wipro has moved the expected completion date for its Alpha Net customer contract acquisition from September 30 to December 31, 2026. The transaction remains focused on selected customer contracts of Alpha Net Consulting and its subsidiaries. 

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