Wipro’s promoter entities have executed a stake swap involving 1.72% of the company’s equity, valued at ₹4,675 crore, in a strategic internal transaction aimed at portfolio realignment.
🔴 Key Highlights:
- Azim Premji Trust offloaded 18.05 crore shares via block deals, while Prazim Traders and Zash Trader—both part of Wipro’s promoter group—acquired the same quantity.
- The transaction was executed at an average price of ₹258.99 per share, boosting Wipro’s stock price by 1.61% on BSE and 1.62% on NSE.
- This is the second major promoter-level stake adjustment this week, following a ₹5,057 crore transaction on Monday, where Premji Invest acquired 1.93% stake.
- Wipro’s promoter entities have frequently reshuffled stakes, with a similar ₹4,757 crore transaction in November 2024.
📢 Market Analysts’ Take:
“These internal stake swaps reflect strategic capital allocation adjustments within the Azim Premji Trust and Premji Invest ecosystem.”
⚠️ Strategic Impact:
- The reshuffle does not affect overall promoter shareholding, but signals long-term portfolio restructuring.
- Wipro’s stock remains stable, with investors closely watching future promoter-level transactions.
👉 What do you think? Will Wipro’s internal stake adjustments impact its market performance? Drop your thoughts in the comments!
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