Wipro ₹15,000 Cr Buyback Opens Today: Key Details for Investors

Mumbai | June 11, 2026 

Wipro Limited’s Rs 15,000 crore share buyback, the company’s largest to date, opened for tendering today at Rs 250 per share, against a current market price of Rs 178 as of June 11, 2026. 

What Is the Wipro Buyback and Who Is Eligible? 

A buyback is a corporate action through which a company repurchases its own outstanding shares from existing shareholders, typically at a premium to the prevailing market price. Wipro’s offer is priced at Rs 250 per share, a premium of approximately 40% over the current market price of Rs 178. 

Shareholders whose names appeared in company records, or who held shares in demat accounts as of the record date of June 5, 2026, are eligible to participate. The offer also extends to shareholders who received equity shares following the cancellation of American Depository Receipts (ADRs). 

What Are the Entitlement Ratios for Shareholders? 

Wipro has fixed different entitlement ratios for each shareholder category, per its regulatory filing. 

• Reserved category (small shareholders): 11 equity shares accepted for every 56 shares held on the record date 

• General category: 10 equity shares accepted for every 197 shares held on the record date 

The actual gain for any shareholder depends on the acceptance ratio, which determines how many tendered shares Wipro ultimately repurchases. The promoter and promoter group held 72.63% stake in the company as of December 31, 2025, and have indicated their intention to participate in the offer, which may reduce the effective acceptance ratio available to other shareholders. 

Key Dates and Timeline 

Shareholders must submit completed tender forms and physical share certificates, where applicable, by 5 pm on June 17. KFin Technologies Ltd. is the registrar to the buyback. 

What Did Wipro’s Management Say? 

Wipro CFO Aparna Iyer confirmed the offer at the company’s Q4 FY26 earnings call in April 2026. 

“In our recently concluded board meeting, the Board of Directors has announced a buyback of Rs 15,000 crore at a price of Rs 250 per share. Please note this is our largest buyback, and we expect to buy back 5.7% of our paid-up capital,” Iyer said. 

Iyer added that Wipro distributed $1.3 billion in dividends in FY26, taking the three-year payout ratio ending FY26 to 88%, above the company’s stated capital allocation policy. 

The buyback represents 24.99% of paid-up equity share capital and free reserves on a standalone basis, and 19.99% on a consolidated basis, both as of March 31, 2026, within the statutory limit of 25%. 

Outlook 

Wipro shares have declined approximately 29% over the past six months and are down roughly 32% in 2026, trading at Rs 178 as of June 11. The stock’s 52-week range is Rs 176 to Rs 273. 

The acceptance of tendered shares is subject to SEBI Buyback Regulations and the terms in the Letter of Offer. Shareholders should review the full Letter of Offer for details on eligibility, entitlement ratios, acceptance methodology, and tax implications. 

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