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Wipro founder Azim Premji gifted shares worth Rs 500 crore to his sons know now how much stake is left in the company

Wipro founder Azim Premji has gifted shares worth Rs 00 crore to his two sons. This means that he has gifted approximately 0.2 million shares. That means 5115090 shares were given to each son. This is 0.02 per cent of the share capital of the company. After this, Azim Premji holds a 4.3 per cent stake in the company.

Muskan Kumawat Journalist

Jan 25, 2024 • 10:32 AM

Business

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“Wipro founder Azim Premji gifted shares worth Rs 500 crore to his sons know now how much stake is left in the company”

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25 Jan 2024

Azim Premji founded the massive IT company Wipro. The founder of Wipro gave his two sons shares yesterday that are valued at Rs 500 crore. This information is provided by the company in its regulatory filing.

Azim Premji gave his two sons, Rishad and Tariq, shares valued at Rs 500 crore, according to stock exchange documents.

About 10.2 million shares have been given to Tariq and Rishad by him. That indicates that each son received 51,15,090 shares. This represents 0.02% of the company's share capital.

Muskan Kumawat Verified Public Figure • 16 Apr, 2026 Journalist

Muskan Kumawat is a Journalist & Content Writer at Sangri Times English, covering a wide range of topics, including news, entertainment, and trending stories. With a strong passion for storytelling and in-depth reporting, she delivers engaging and informative content to readers.