IT services major Wipro Limited has officially detailed the operational timeline and allocation metrics for its massive ₹15,000 crore equity share buyback program, which is scheduled to accept investor tenders from June 11 to June 17, 2026. Executed via a structured tender offer route, the corporate action seeks to repurchase up to 60 crore fully paid-up equity shares—representing approximately 5.72% of the company’s total paid-up equity capital—at a fixed cash premium of ₹250 per share. To ensure equitable distribution across its broader investor base, the tech giant has instituted specific entitlement ratios for portfolios captured on the official June 5, 2026 record date. Eligible retail participants categorized under the reserved “small shareholders” bracket hold an entitlement ratio of 11 equity shares for every 56 shares held, while larger institutional and non-retail accounts categorized under the general pool are entitled to tender 10 shares for every 197 shares held.
The launch of the multi-crore buyback has triggered immediate technical adjustments in the secondary capital markets, as the stock fell to a fresh 52-week low of ₹180.70 after turning ex-record date, effectively locking in an attractive near-term arbitrage gap for eligible investors. Market analysts and prominent domestic wealth management brokerages anticipate highly robust retail participation, forecasting an eventual acceptance ratio of 50% to 60% based on historical corporate trends. Following the close of the one-week tendering window, the program’s registrar, KFin Technologies, will complete meticulous share verification protocols by June 19, enabling Wipro to formally communicate final acceptance or rejection tallies to stock exchanges by June 23, 2026. The absolute final electronic settlement of cash bids and the swift reversal of any unaccepted equity shares to personal demat accounts are legally slated for completion by June 24, 2026
