6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of November 2016

Commission File Number 001-16139

Wipro Limited

(Exact name of Registrant as specified in its charter)

Not Applicable

(Translation of Registrant’s name into English)

Karnataka, India

(Jurisdiction of incorporation or organization)

Doddakannelli

Sarjapur Road

Bangalore, Karnataka 560035, India +91-80-2844-0011

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:

Form 20-F  ☒             Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes  ☐            No  ☒

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes  ☐            No  ☒

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

DISCLOSURE OF SALE OF BUSINESS DIVISION

On November 30, 2016, Wipro Limited, a company organized under the laws of the Republic of India (the “Company”), informed the securities exchanges in India on which its securities are listed and the New York Stock Exchange that it has signed an agreement for the sale of its EcoEnergy division. A copy of the letter to the securities exchanges is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly organized.

WIPRO LIMITED

/s/ Jatin Pravinchandra Dalal

Jatin Pravinchandra Dalal

Chief Financial Officer

Dated: December 1, 2016

INDEX TO EXHIBITS

Item
99.1	Letter to Securities Exchanges, dated November 30, 2016, announcing entry into an agreement for the sale of its EcoEnergy division.

EX-99.1

Exhibit 99.1

November 30, 2016

The Manager – Listing
BSE Limited
(BSE: 507685)	022 22723121
The Manager – Listing
National Stock Exchange of India Limited.	022 26598237
(NSE: WIPRO)
The Market Operations,
NYSE, New York
(NYSE: WIT)	0012126565780

Dear Sir/Madam,

Sub: Press release

Pursuant to regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and para 202.05 read with para 202.06 of the NYSE Listed Company Manual, we hereby inform that the Company has signed an agreement for sale of its EcoEnergy division.

The disclosure under regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the above intimation is enclosed for your records.

For WIPRO LIMITED

M Sanaulla Khan

Company Secretary

ENCL: As Above

Registered Office: Wipro Limited, Doddakannelli, Sarjapur Road, Bangalore - 560 035, India.

Tel.: +91-80-2844 0011  |  Fax: +91-80-2844 0054  |  Website: www.wipro.com  |   Email: info@wipro.com  |  

CIN No.L32102KA1945PLC020800

Disclosure under regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sr. No.	Particulars	Description
1.	Name of the business division being divested through slump sale	Wipro EcoEnergy
2.	Amount and percentage of the turnover or revenue or income and net worth contributed by the business division during the last financial year	Rs. 676.43 mn revenue (0.1%) in FY15-16. Net worth of the division- Rs. 156.19 mn
3.	Rationale for the sale of business division	Wipro has been sharpening focus on its core IT business. Since business carried out by the EcoEnergy division is not core and strategic to overall IT business of the Company, it has been decided to divest the business.
4.	Date on which the agreement for sale has been entered into	November 30, 2016
5.	Government & regulatory approval required	Approval from the Competition Commission of India (CCI) to be obtained by the buyer
6.	The expected date of completion of sale	The sale is expected to be closed in early 2017, subject to receipt of requisite regulatory approvals and customary closing conditions.
7.	Consideration to be received from sale	US$ 70 million
8.	Brief details of buyers, including name, size, turnover and area of business, and whether any of the buyers belong to the promoter/promoter group/group companies. If yes, details thereof	The buyer is Chubb Alba Control Systems Limited (Chubb Alba), a company incorporated under the Companies Act, 1956 and having its registered office at Ground Floor, 18, Netaji Subhash Marg, Daryaganj, New Delhi, Central Delhi 110002, India. Chubb Alba is an indirect subsidiary of United Technologies Corporation (UTC), which was incorporated on July 21, 1934 and is engaged in providing high technology products and services to the building systems and aerospace industries around the world. UTC operates through four segments: UTC Climate, Controls & Security; Otis; Pratt & Whitney, and UTC Aerospace Systems. UTC is a major US multinational with sales of $56bn and approximately 200,000 employees. Neither the buyer nor UTC belongs to the promoter/promoter group.
9.	Whether the transactions would fall within related party transactions?	No
10.	Details of change in shareholding pattern (if any)	Since this is a sale of business division, there will be no consequent change in the shareholding pattern of the Company.