Wipro Limited announces the successful completion of its step-down subsidiary, Wipro IT Services, LLC’s, acquisition of an additional 20% stake in Aggne Global Inc. The transaction, initially expected by June 5, 2026, has been finalized on June 1, 2026. Wipro received official intimation of this development on June 2, 2026, marking a significant step in the expansion of its subsidiary’s holdings.
Acquisition of Aggne Global Inc. Stake Finalized
Wipro Limited has officially confirmed the completion of a significant acquisition. Its step-down subsidiary, Wipro IT Services, LLC, has successfully acquired an additional 20% stake in Aggne Global Inc. This strategic move was initially communicated with an expected completion date of June 5, 2026.
Transaction Completion and Intimation
The acquisition has been completed earlier than anticipated, with the transaction finalized on June 1, 2026. Wipro Limited received formal intimation regarding the completion of this stake acquisition on June 2, 2026. This update serves as official notification for informational and record-keeping purposes.
Source: BSE