Billionaire businessman Azim Premji gifted 1 crore shares worth Rs 500 crore to his sons, Rishad and Tariq. Rishad is currently the chairman of Wipro, while Tariq is the vice president of Azim Premji Endowment Fund. With this transaction, Azim Premji now owns 4.12% of Wipro.
13, 17.309 equity shares were lendered and accepted pursuant to the buyback by the Company on September 9, 2019 at a price ofRs. 3251- per equity share. This is part ofthe. | June 6, 2023
Azim Premji, in full Azim Hasham Premji, (born July 24, 1945, Bombay [now Mumbai], India), Indian business entrepreneur who served as chairman of Wipro Limited, guiding the company through four decades of diversification and growth to emerge as a world leader in the software industry. By the early 21st century, Premji had become one of the world’s wealthiest people. In the year that Premji was born, his father founded Western Indian Vegetable Products Ltd., which produced vanaspati, a widely used hydrogenated shortening. Three years later, colonial India was partitioned into mainly Hindu India and Muslim Pakistan, but the Premjis, a
Supreme Court praises Wipro founder Azim Premji for this gesture - The Wipro founder has approached the SC last year to challenge a Karnataka High Court order.
Get latest articles and stories on India at LatestLY. The Supreme Court appreciated Azim Hasham Premji for taking a constructive view of the matter and agreed to forgive the past conduct of a person who through his companies had filed more than 70 litigations against Premji and his associates. India News | SC Lauds Azim Premji for Forgiving Person Who Filed over 70 Cases Against Him.