Wipro demands Rs 25 crore damages from former CFO

Wipro has sought damages of Rs 25.15 crore from its former CFO Jatin Dalal, along with 18% interest per annum till the date of payment, for violating a non-compete clause when joining Cognizant.

As reported earlier, Wipro has moved a district court in Bengaluru against Dalal.

Court filings show Wipro has claimed that the non-compete clause stipulated that Dalal should not join any rival company for a period of 12 months from the date of his resignation. Dalal resigned from Wipro in September and his last working day with the company was November 30. He joined Cognizant as its CFO in December.