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Azim Premji From Vanaspati Businessman To IT Giant, Check Success Story Of Wipro!

Azim Premji From Vanaspati Businessman To IT Giant, Check Success Story Of Wipro! Jan 21, 2021, 16:02 IST IT services major Wipro celebrated 75 years of service on December 29. To culminate this occasion the first batch of tech leaders, who joined Wipro in 1980, have pieced together their memories of introducing many technological firsts to the company and to India. 75 years ago today, on Dec 29, 1945, my grandfather MH Premji registered a co. called Western India Vegetable Products Ltd. Today, we unveil the story of its making into Wipro, a global IT co. For 53 of those 75 yrs, Wipro was led by my father. #TheStoryofWipro #75YearsofWipro, Azim Premji s son Rishad Premji said in his Twitter post. That s why The Story of Wipro is also the Story of Azim Premji. From a vanaspati Mfr to a diversified global business, built on the bedrock of solid values. I m proud to carry forward this legacy. The Story of Wipro, to be published by Westland Business, to release soon, he add

Promoters sell 1% in Wipro for ₹9,156 cr

Wipro completes ₹9,500-cr share buyback - The Hindu BusinessLine

January 19, 2021 Azim Premji, promoter firms sell over 22 cr shares, shed 1% ownership in Wipro Wipro promoter Azim Premji and promoter companies tendered 22,89,04,785 shares worth ₹9,156 crore during share buyback process held between December 29, 2020 and January 11, 2021, said Wipro Ltd in a regulatory filing on Tuesday. Azim Premji Trust tendered 19.87 crore shares, Hasham Traders tendered 1 crore shares and Azim Premji Philanthropic Initiatives tendered 51.82 lakh shares. Azim Hasham Premji, Partner, representing Zash Traders and Azim Hasham Premji, Partner, representing Prazim Traders tendered 75 lakh shares each, as per the filing. Post the buyback, the promoters now hold 73.04 per cent stake in the company, almost 1 per cent down from the earlier 74 per cent, while the remaining 26.96 per cent stake is being held by foreign investors, financial institutions and others.

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