EX-99.1 2 d171744dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

WIPRO LIMITED WlPRO Applying Thought Registered Office: Doddakannelli, Sarjapur Road, Bangalore - 560 035, India Corporate Identification Number (CIN): L32102KA1945PLC020800 Phone: +91 80 2844 0011; Fax: +91 80 2844 0054; Email: info@wipro.com Website: www.wipro.com; Company Secretary: Mr. M Sanaulla Khan CORRIGENDUM TO THE PUBLIC ANNOUNCEMENT DATED APRIL 21, 2016 FOR THE ATTENTION OF EQUITY SHAREHOLDERS/ BENEFICIAL OWNERS OF EQUITY SHARES OF WIPRO LIMITED FOR THE BUYBACK OF EQUITY SHARES THROUGH TENDER OFFER UNDER THE SECURITIES AND EXCHANGE BOARD OF INDIA (BUY BACK OF SECURITIES) REGULATIONS, 1998, AS AMENDED. This Corrigendum to the Public Announcement dated April 21, 2016 (the “Public Announcement”) is in continuation of and should be read in conjunction with the Public Announcement issued in connection with the Buyback of Equity Shares of the Company. Capitalised terms used in this Corrigendum and not defined herein shall have the same meaning as ascribed in the Public Announcement. The shareholders of the Company are requested to note the following amendments to the Public Announcement: 1. As per the letter dated April 28, 2016 received from the Statutory Auditors of the Company, BSR & Co. LLP, Chartered Accountants, Annexure A to the Statutory Auditor’s report dated April 20, 2016, as set out in Clause 6 of the Public Announcement, stands substituted as under: Quote Annexure A Wipro Limited Computation of amount of permissible capital payment towards buy back of equity shares in accordance with proviso to section 68 (2) of the Companies Act, 2013 (the “Act”) and Regulation 4(1 )(a) of the Buy Back Regulations based on the Audited Condensed Interim standalone financial statements for the period ended 31 March 2016: Particulars Amount (in Rs. million) Paid up equity share capital (A) 4,941 Free reserves: - Securities premium account 14,254 - General reserve 159,783 - Surplus in Statement of Profit and Loss (Net of unrealized foreign exchange losses as at 223,171 March 31, 2016 amounting to Rs. 138 million) Total free reserves (B) 397,208 Total (A+B) 402,149 Maximum amount permissible for the buy-back i.e. 10% of total paid-up equity capital and free 40,215 reserves Unquote Except as detailed in this Corrigendum, the contents and other terms of the Public Announcement remain unchanged. DIRECTOR’S RESPONSIBILITY As per Regulation 19(1 )(a) of the Buyback Regulations, the Board of Directors of the Company accepts responsibility for the information contained in this Corrigendum and confirms that such document contains true, factual and material information and does not contain any misleading information. Sd/- Azim H Premji Chairman and Managing Director (Director Identification Number (DIN): 00234280) Date : April 29, 2016 Place : Bangalore For and on behalf of the Board of Directors of Wipro Limited Sd/- Sd/- Sd/- Rishad A Premji Jalin P Dalal M Sanaulla Khan Executive Director and Chief Financial Officer Company Secretary Chief Strategy Officer (Membership Number: (Director Identification F4129) Number (DIN): 02983899)