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
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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.

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