0001193125-18-239646.txt : 20180806 0001193125-18-239646.hdr.sgml : 20180806 20180806160304 ACCESSION NUMBER: 0001193125-18-239646 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20180806 FILED AS OF DATE: 20180806 DATE AS OF CHANGE: 20180806 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: 18994724 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 d596417d6k.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 August 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 SETTLEMENT

Wipro Limited, a company organized under the laws of the Republic of India (the “Company”) hereby furnishes the Commission with a copy of the following information relating to a settlement of lawsuit with National Grid US. 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 August 4, 2018, the Company informed the securities exchanges in India on which its securities are listed and the New York Stock Exchange that it has effected a settlement for the release of all claims under the lawsuit with National Grid US for an amount of US$75 million. The formalities for withdrawal of the lawsuit are expected to be completed shortly. A copy of the letter to the securities exchanges is attached hereto as Exhibit 99.1.


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: August 6, 2018


INDEX TO EXHIBITS

 

Item

   
99.1   Letter to Securities Exchanges, dated August 4, 2018, announcing the settlement with National Grid.
EX-99.1 2 d596417dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

August 4, 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: Intimation

Please find enclosed an intimation pursuant to regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for your records.

For WIPRO LIMITED

 

LOGO

M Sanaulla Khan

Company Secretary

ENCL: As Above

 

LOGO     
Wipro Limited      T: +91 (80) 2844 0011
Doddakannelli       F: +91 (80) 2844 0054
Sarjapur Road       E:  info@wipro.com
Bengaluru 560 035       W:  wipro.com
India       C:  L32102KA1945PLC020800


LOGO

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

Wipro and National Grid settle lawsuit in the US

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, has effected a settlement for the release of all claims under the lawsuit with National Grid US and a Stipulation of Discontinuance of the lawsuit has been filed in the U.S. District Court for the Eastern District of New York. The formalities for withdrawal of the lawsuit are expected to be completed shortly.

The settlement has been effected for an amount of US$ 75 million and is without admission of liability or wrongdoing of any kind by the parties. The lawsuit was filed by National Grid US in 2017 seeking damages amounting to US$ 140 million plus additional costs related to an ERP implementation project.

National Grid has been a valued customer of Wipro for over a decade and both organizations have had a mutually beneficial relationship over the years. We believe that this settlement will be commercially beneficial for us and will help us remain focused on growth.

The settlement is expected to reflect in the financials of Wipro Limited for the quarter ending September 30, 2018.

 

LOGO     
Wipro Limited      T: +91 (80) 2844 0011
Doddakannelli       F: +91 (80) 2844 0054
Sarjapur Road       E:  info@wipro.com
Bengaluru 560 035       W: wipro.com
India       C: L32102KA1945PLC020800
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