Mr. Azim Premji, promoter entities sold shares worth Rs. 7,300 crore during Wipro buyback

Mr. Azim Premji, promoter entities sold shares worth Rs. 7,300 crore during Wipro buyback

Azim Premji Trust and Azim Premji together sold 5.28 cr shares worth more than Rs 1716 cr.

Nearly 4.05 crore shares from Azim Premji Trust and 1.22 crore shares from Mr. Azim Premji were also accepted under the buyback offer, the filing said.

Azim Premji, Azim Premji Trust and other promoter groups have together sold more than 22.46 crore shares worth more than Rs. 7,300 crore during the recent share buyback of Apart from the promoter groups, Azim Premji Trust and Azim Premji together sold 5.28 crore shares worth more than Rs. 1716 crore.

Early this year the founder-chairman of Wipro pledged his 67% stake in the company to Azim Premji foundation for education-focused philanthropic initiatives.

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