Wipro has announced the transfer of Capco Consulting Middle East FZE’s entire shareholding to Wipro IT Services UK Societas, effective September 19, 2025. This internal restructuring aims to streamline the group’s structure. Grove Holdings 2 S.á.r.l., a step-down subsidiary, previously held the shares. The move is intended to rationalize operations and improve efficiency within Wipro’s global network. Wipro IT Services UK Societas now holds 100% of Capco Consulting Middle East FZE.
Subsidiary Shareholding Transferred
Wipro has completed an internal restructuring involving its subsidiaries. According to a company statement released on September 24, 2025, Grove Holdings 2 S.á.r.l. transferred its entire shareholding in Capco Consulting Middle East FZE to Wipro IT Services UK Societas. The effective date of this transfer was September 19, 2025.
Rationale for Restructuring
The primary goal of this restructuring is to rationalize and simplify Wipro’s overall group structure. By consolidating the shareholding under Wipro IT Services UK Societas, the company aims to improve operational efficiency and streamline management of its Middle East consulting business.
New Shareholding Structure
Following the transfer, Wipro IT Services UK Societas now holds 100% ownership of Capco Consulting Middle East FZE. This change in ownership is part of a broader effort to optimize Wipro’s global operations and enhance its service delivery capabilities in the Middle East region.
Source: BSE
