Azim Premji’s trust to sell 2.7 crore Wipro shares for Rs 720 crore

According to the offer details, the trust will sell between 1.8 crore and 2.7 crore shares of Wipro at a price band of Rs 255.40 to Rs 260.78 — a discount of 3% to 5% on its Thursday closing price on NSE of Rs 268.65. At the upper end of the offer, the trust will get about $102 million, it mentioned.

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