Azim Premji Sells 20 Crore Shares, Boosts Net Worth by ₹5,057 Crore

Speedy Summary

• On June 9, azim Premji Trust sold 20.23 crore equity shares of Wipro worth Rs 5,057 crore via a block deal.
• The sell price was Rs 250 per share, a 0.60% premium to the closing price of Rs 248.59 on June 6.
• Shares were bought by three entities: Hasham Traders (11.90 crore shares),Prazim Traders (5.95 crore shares), and Prazim Trading & Investment Company Pvt Ltd.
• As of March 31, Azim Premji Trust held over 1 billion equity shares in Wipro, equivalent to a stake of approximately 10.15%.
• Wipro’s current market capitalization stands at Rs 2.70 lakh crore as of June 11; share price reached Rs 259 on Wednesday last week for context in valuation trends.
• Azim Premji’s real-time net worth is USD $11.9 billion according to Forbes; ranked as the world’s No218 person whom wealthiest globally attributes publicly ir amplest continues үнэ<

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