Wipro Limited — JV/Acquisition, 31-03-2026: Amalgamation/Merger

Wipro's step-down subsidiary, Rizing Consulting USA, LLC, has merged with Rizing LLC, effective March 31, 2026. This internal move aims to streamline and consolidate Wipro's group structure. Rizing Consulting USA reported a turnover of USD 46,715,994, and Rizing LLC had USD 84,384,857 as of March 31, 2025. This restructuring involves no share swap or cash consideration, and it doesn't impact Wipro's shareholding pattern. The merger is focused on enhancing operational efficiency within the subsidiary group.