0001193125-18-209777.txt : 20180629 0001193125-18-209777.hdr.sgml : 20180629 20180629163605 ACCESSION NUMBER: 0001193125-18-209777 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 20180629 FILED AS OF DATE: 20180629 DATE AS OF CHANGE: 20180629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WIPRO LTD CENTRAL INDEX KEY: 0001123799 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16139 FILM NUMBER: 18929719 BUSINESS ADDRESS: STREET 1: SURVEY #76P & #80P DODDAKANAHALLI VILLAG STREET 2: VARTHUR HOBLI SARJAPUR RD BANGALORE CITY: KARNATAKA STATE: K7 ZIP: 560035 BUSINESS PHONE: 91-80-2844-0011 MAIL ADDRESS: STREET 1: SURVEY #76P & #80P DODDAKANAHALLI VILLAG STREET 2: VARTHUR HOBLI SARJAPUR RD BANGALORE CITY: KARNATAKA STATE: K7 ZIP: 560035 6-K 1 d665170d6k.htm 6-K 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 June 2018

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 COMPLETION OF SALE OF BUSINESS

Wipro Limited, a company organized under the laws of the Republic of India (the “Company”) hereby furnishes the Securities and Exchange Commission with a copy of the following information relating to the divesture of its hosted data center services business, consisting of Wipro Data Centre and Cloud Services, Inc., a portion of its data center business in Germany and the United Kingdom, and certain employees in India who support the above operations, to Ensono Holdings, LLC and its group companies (the “Data Center Business Divesture”) and Wipro’s strategic investment in Ensono Holdings, LLC (the “Ensono Investment”). The following information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On June 28, 2018, the Company informed the securities exchanges in India on which its securities are listed and the New York Stock Exchange that it has completed the Data Center Business Divesture consisting of Wipro Data Centre and Cloud Services, Inc. and the data center business in Germany and the United Kingdom on June 27, 2018. The divesture of data center operations in India is likely to be completed during the quarter ending September 30, 2018, subject to receipt of requisite regulatory approvals and customary closing conditions. Further, the Company also informed that it has completed the Ensono Investment on June 27, 2018. A copy of the letter to the securities exchanges is attached hereto as Exhibit 99.1.


INDEX TO EXHIBITS

 

Item

    
99.1    Letter to Securities Exchanges, dated June 28, 2018, announcing completion of the Data Center Business Divesture and the Ensono Investment.


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: June 29, 2018

EX-99.1 2 d665170dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

June 28, 2018

The Manager – Listing

BSE Limited

(BSE: 507685)

The Manager – Listing

National Stock Exchange of India Limited

(NSE: WIPRO)

The Market Operations,

NYSE, New York

(NYSE: WIT)

Dear Sir/Madam,

Sub: Completion of Divestment of Data Center Services Business

Please refer to our letter dated March 14, 2018 informing about the proposal to divest Wipro’s hosted data center services business, consisting of Wipro Data Centre and Cloud Services, Inc. (USA), a portion of data center business in Germany and UK, and certain employees in India who support the above operations, to Ensono, a leading hybrid IT services provider, for an aggregate consideration of USD 405 million.

We would like to inform that the divestment of Wipro Data Centre and Cloud Services, Inc., and data center business in Germany and UK have been completed on June 27, 2018, for a consideration of USD 399 million. The impact of this divestment is expected to reflect in the financials of the Company for the quarter ending June 30, 2018.

The divestment of data center operations in India is likely to be completed during the quarter ending September 30, 2018, subject to receipt of requisite regulatory approvals and customary closing conditions. Upon completion of such divestment, the Company will receive the remaining consideration of USD 6 million from Ensono.

Further, Wipro LLC, a wholly owned subsidiary of Wipro Limited, has completed the acquisition of 10.2% stake in Ensono Holdings, LLC on June 27, 2018.

Thanking you,

For WIPRO LIMITED

 

LOGO

M Sanaulla Khan

Company Secretary

 

LOGO    LOGO
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