Azim Premji, 78, owned 225,808,537 shares, or 4.32%, in Wipro until last week. On 20 January, Premji gave 5,115,090 shares, each, to elder son Rishad, who is the chairman of Wipro, and to Tariq, who works at Azim Premji Foundation.
Wipro shares ended at ₹484.90 on Friday, implying that the 10,230,180 shares were valued at ₹496 crore.
After the transaction, the Premji family members together own 4.43% shares in Wipro, including Premji owning 4.12%, his wife, Yasmeen owning 0.05% and the two sons, each owning 0.13%.
Denne historien er fra January 25, 2024-utgaven av Mint Mumbai.
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Denne historien er fra January 25, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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