Wipro Merger of Wipro Digital with Harman Connected Services Completed

Wipro has announced the completion of the merger between Wipro Digital Inc. and Harman Connected Services, Inc., effective December 1, 2025. This strategic move aims to streamline operations and enhance service delivery. The merger is expected to create synergies and strengthen Wipro’s position in the technology services market. No significant change in shareholding pattern of the listed entity.

Merger Completion

Wipro Limited has finalized the merger of Wipro Digital Inc., its wholly-owned subsidiary, with Harman Connected Services, Inc., a step-down subsidiary. The effective date of the merger is December 1, 2025.

About the Entities

Wipro Digital Inc. focuses on providing Information Technology services. As of the merger date, its turnover was NIL.

Harman Connected Services, Inc. specializes in Information Technology (IT) and Engineering, Research & Development (ER&D) services. As of December 31, 2024, its turnover was USD 223,538,898.

Rationale

The merger aims to rationalize and consolidate the group structure of the Company.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!