Wipro stake reshuffle: Azim Premji Trust offloads 1.72% for Rs...

Wipro stake reshuffle: Azim Premji Trust offloads 1.72% for Rs 4,675 crore; promoter entities Prazim and Zash step in as buyers

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Wipro's promoter entities executed a stake swap involving 1.72% of the company’s equity through block deals, valued at approximately Rs 4,674.77 crore. The Azim Premji Trust sold shares, while Prazim Traders and Zash Trader purchased the same quantity. This internal transaction reflects portfolio realignments within the Azim Premji Trust and Premji Invest ecosystem.

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