IT major Wipro acquires Encore Theme Tech with a 96.7% stake in the firm

IT major Wipro acquires Encore Theme Tech with a 96.7% stake in the firm

Wipro added a 3.3 per cent equity stake to its existing shareholding in Encore Theme to seal the deal.

FPJ Web DeskUpdated: Wednesday, December 28, 2022, 04:24 PM IST
article-image
Wipro

Through an exchange filing, IT giant Wipro has completed the acquisition of Encore Theme Technologies by adding a 3.3 per cent equity stake in the firm.

The latest purchase has taken its stake in Encore Theme to 96.7 per cent, making it a wholly owned subsidiary of Wipro.

RECENT STORIES

'It's SEBI's Job To Regulate Futures And Options Market,' Says Finance Minister Nirmala Sitharaman

'It's SEBI's Job To Regulate Futures And Options Market,' Says Finance Minister Nirmala Sitharaman

Apple Slashes iPhone Prices in India Post-Budget 2024 Customs Duty Cut; Check Out the New Prices

Apple Slashes iPhone Prices in India  Post-Budget 2024 Customs Duty Cut; Check Out the New Prices

IndiGo Flags Higher Inflationary Environment, Escalation In Fuel, Airport Costs

IndiGo Flags Higher Inflationary Environment, Escalation In Fuel, Airport Costs

ITR Filing Countdown: Avoid Penalties and Late Fees – What You Need to Know Before the July 31...

ITR Filing Countdown: Avoid Penalties and Late Fees – What You Need to Know Before the July 31...

Gold Prices Rebound to ₹70,700 per 10 Grams Amid Global Market Strength

Gold Prices Rebound to ₹70,700 per 10 Grams Amid Global Market Strength