Wipro Board to consider buyback plan on Oct 13

NEW DELHI : IT services major Wipro on Wednesday said its Board will consider a buyback plan on October 13.

The announcement comes on a day when larger rival Tata Consultancy Services Board has cleared an up to ₹16,000 crore buyback plan.

“…the Board of Directors will be considering a proposal of buyback of equity shares of the company at the…meeting scheduled to be held on October 13, 2020,” Wipro said in a regulatory filing.