Wipro falls over 2 per cent after CEO after MD Neemuchwala steps down

NEW DELHI: The scrip of IT major Wipro fell over 2 per cent on Friday after the company’s CEO and MD Abidali Z Neemuchwala decided to step down.

The firm’s shares dropped 2.28 per cent to Rs 235.30 on the BSE.

On the NSE, it declined 2.28 per cent to Rs 235.20.

Wipro early on Friday announced that Neemuchwala has decided to step down due to family commitments.