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Premji Invest Acquires 1.6% Stake in Wipro for Rs 4,757 Crore

CosmicTaco · 2024-11-09T14:40:21.704798+05:30

- Azim Premji's PE firm, Premji Invest, bought a 1.6% stake in Wipro through an open market transaction. - The shares were acquired at an average price of Rs 560 each, totaling Rs 4,757.43 crore. - Other acquirers include Tariq Azim Premji, Rishad Azim Premji, and Azim Premji Philanthropic Initiatives. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/markets/premji-invest-buys-1-6-stake-in-wipro-for-rs-4757-crore-12861869.html)

Azim Premji's PE firm, Premji Invest, bought a 1.6% stake in Wipro through an open market transaction.
The shares were acquired at an average price of Rs 560 each, totaling Rs 4,757.43 crore.
Other acquirers include Tariq Azim Premji, Rishad Azim Premji, and Azim Premji Philanthropic Initiatives.

Source: Moneycontrol