Wipro Extends Timeline for AMPIN Energy Investment Closure

Wipro Limited has officially informed stock exchanges about a change in the expected completion date of its investment in AMPIN Energy C&I One Private Limited. The move updates stakeholders on a previously announced strategic agreement.

Background: Strategic Agreement Signed in 2024

Wipro had earlier, on November 8, 2024, signed a definitive agreement to subscribe to the equity share capital of AMPIN Energy C&I One Private Limited. At that time, the company expected the transaction to be completed by June 30, 2025. The investment was part of Wipro’s broader strategic expansion and sustainability initiatives.

Completion Pushed to March 2026

In a regulatory filing dated June 23, 2025, Wipro stated, “In continuation of the aforesaid letter, it is hereby informed that the above transaction is now expected to be completed at the latest by March 31, 2026.” The disclosure was made to BSE, NSE, and NYSE, as per the requirements under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.

Read More: Wipro Relocates Middle East HQ to Riyadh, Boosts Saudi Digital Vision

Wipro Share Price Performance 

As of 24 June 2025, 10:30 AM, Wipro shares are trading at ₹268.43 per share, a 1.97% increase. Over the month, the stock has surged by 7.27%. The stock has a 52-week high and 52-week low of ₹324.60 per share and ₹228.00 per share, respectively.

Conclusion

Wipro has revised the completion schedule of its proposed investment in AMPIN Energy, with the new target date now set for March 2026. The company has maintained transparency by formally notifying all concerned exchanges.

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. 

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