Wipro Shares In Focus After Azim Premji Trust Sells Equities Worth Rs 5,057 Cr
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The primary purchasers in this deal were three entities: Hasham Traders, Prazim Traders, and Prazim Trading and Investment Company Private Limited.
Wipro Share Price: Wipro's shares garnered significant attention on Tuesday, June 10, following a major transaction where the Azim Premji Trust sold 20.23 crore equity shares worth Rs 5,057 crore through a block deal. According to NSE data, the equity price for each Wipro share was set at Rs 250.
The primary purchasers in this deal were three entities: Hasham Traders, Prazim Traders, and Prazim Trading and Investment Company Private Limited.
On Monday, Hasham Traders acquired 11.9 crore equity shares, Prazim Traders bought 5.95 crore shares, and Prazim Trading and Investment Company Pvt Ltd purchased 2.38 crore shares, all at an average price of Rs 250 per share.
Wipro's shares closed at Rs 251.30 on BSE on Monday, marking a gain of 1.09 per cent. The stock opened at Rs 249.30, compared to the previous day's close at Rs 248.60.
The Azim Premji Trust is a philanthropic organization established by Indian business magnate Azim Premji to support his philanthropic pursuits. It focuses on education, health, and livelihood, aiming to create a more just, equitable, humane, and sustainable society.
Azim Premji Trust held 1,06,31,85,966 equity shares in the company which represented 10.15% stake as on March 31, 2025.
First Published:
June 10, 2025, 07:06 IST
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