Wipro Extends Alpha Net Acquisition Deadline to September

Transaction Background

Wipro Limited, through its subsidiaries, had previously signed a definitive agreement on April 14, 2026 to acquire select customer contracts of Alpha Net Consulting LLC and its subsidiaries. This transaction was originally communicated to the exchanges via letter dated April 15, 2026, with an expected completion date of June 30, 2026.

Current Update

The acquisition transaction completion timeline has been extended and is now expected to be completed latest by September 30, 2026. No reasons for the extension or financial details of the transaction are provided in this disclosure.

Financial Impact

Financial impact of the acquisition or the extension is not quantified in this disclosure.