Wipro Block Deal: Azim Premji Trust sells 20.23 crore shares for Rs 5,058 cr

The Azim Premji Trust offloaded 20.23 crore Wipro shares for Rs 5,058 crore on Monday — amounting to a 1.93% stake. The shares were sold at an average price of Rs 250 each and exchanged among promoter group entities through open market transactions. The stock rose by 1.26% during the day to close at Rs 251.72 on the National Stock Exchange.