Wipro Extends Alpha Net Acquisition Deadline to December

Nature of Update

This is a timeline update for a previously announced acquisition.

Original vs. Revised Timeline

• Original Expected Completion Date: September 30, 2026
• Revised Expected Completion Date: December 31, 2026 (stated as 'at the latest')

Current Status of Acquisition

The acquisition of select customer contracts of Alpha Net Consulting LLC and its subsidiaries by Wipro Limited, through its subsidiaries, is ongoing but delayed. The transaction has not yet been completed.

Reason for Delay

The document does not disclose a specific reason for the delay in completing the transaction.

Original Announcement References

The acquisition was originally announced via letters dated April 15, 2026, and June 23, 2026. The definitive agreement was signed by Wipro Limited through its subsidiaries.

Target Entity

Alpha Net Consulting LLC and its subsidiaries.

Type of Deal

Acquisition of select customer contracts.