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25 Jan 2022 | |
Please refer to our earlier letter dated December 16, 2020, informing that Wipro Limited has acquired 83.4% equity stake in Encore Theme Technologies Private Limited ('Encore Theme'). In continuation to the aforesaid letter, this is to inform that the Company has completed the acquisition of additional 13.3% equity stake in Encore Theme yesterday. Consequent to the acquisition of aforesaid additional equity stake, the Company''s holding in Encore Theme increased from 83.4% to 96.7%. The remaining 3.3% equity stake will be acquired subject to and after receipt of certain regulatory approvals. | |
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