Wipro to buy 20% stake more in Aggne Global for $2 million
IT services major Wipro on Thursday said it will acquire an additional 20% stake in Aggne Global IT Services Private Limited for $2.1 million (about Rs 19.8 crore).
Following the latest transaction, Wipro’s overall shareholding in Aggne Global IT will increase to 80%, the company said in a regulatory filing.
The cash transaction is expected to be completed by June 30, 2026. This follows the company’s announcement earlier this month regarding the acquisition of 20% additional stake in the US-based affiliate, Aggne Global Inc, for $28.5 million.
