EX-99.5 2 d141428dex995.htm EX-99.5 EX-99.5

Exhibit 99.5

 

LOGO   

WIPRO LIMITED

 

Registered Office: Doddakannelli, Sarjapur Road, Bangalore - 560 035, India

Corporate Identification Number (CIN): L32102KA1945PLC020800

Phone: +91 80 2844 0011; Fax: +91 80 2844 0054; Email: info@wipro.com

Website: www.wipro.com; Company Secretary: Mr. M Sanaulla Khan

CORRIGENDUM TO THE PUBLIC ANNOUNCEMENT DATED APRIL 21, 2016 FOR THE ATTENTION OF EQUITY SHAREHOLDERS/ BENEFICIAL OWNERS OF EQUITY SHARES OF WIPRO LIMITED FOR THE BUYBACK OF EQUITY SHARES THROUGH TENDER OFFER UNDER THE SECURITIES AND EXCHANGE BOARD OF INDIA (BUY BACK OF SECURITIES) REGULATIONS, 1998, AS AMENDED.

This Corrigendum to the Public Announcement dated April 21, 2016 (the Public Announcement”) is in continuation of and should be read in conjunction with the Public Announcement issued in connection with the Buyback of Equity Shares of the Company. Capitalised terms used in this Corrigendum and not defined herein shall have the same meaning as ascribed in the Public Announcement.

The shareholders of the Company are requested to note the following amendments to the Public Announcement:

 

1. As per the letter dated April 28, 2016 received from the Statutory Auditors of the Company, BSR & Co. LLP, Chartered Accountants, Annexure A to the Statutory Auditor’s report dated April 20, 2016, as set out in Clause 6 of the Public Announcement, stands substituted as under:

Quote

Annexure A

Wipro Limited

Computation of amount of permissible capital payment towards buy back of equity shares in accordance with proviso to section 68 (2) of the Companies Act, 2013 (the “Act”) and Regulation 4(1)(a) of the Buy Back Regulations based on the Audited Condensed Interim standalone financial statements for the period ended 31 March 2016:

 

Particulars

   Amount
(in Rs. million)
 

Paid up equity share capital (A)

     4,941   

Free reserves:

  

- Securities premium account

     14,254   

- General reserve

     159,783   

- Surplus in Statement of Profit and Loss (Net of unrealized foreign exchange losses as at March 31, 2016 amounting to Rs. 138 million)

     223,171   
  

 

 

 

Total free reserves (B)

     397,208   
  

 

 

 

Total (A+B)

     402,149   
  

 

 

 

Maximum amount permissible for the buy-back i.e. 10% of total paid-up equity capital and free reserves

     40,215   

Unquote

Except as detailed in this Corrigendum, the contents and other terms of the Public Announcement remain unchanged.

DIRECTOR’S RESPONSIBILITY

As per Regulation 19(1)(a) of the Buyback Regulations, the Board of Directors of the Company accepts responsibility for the information contained in this Corrigendum and confirms that such document contains true, factual and material information and does not contain any misleading information.

 

For and on behalf of the Board of Directors of Wipro Limited

Sd/-

 

Sd/-

 

Sd/-

 

Sd/-

Azim H Premji

Chairman and Managing

Director

(Director Identification

Number (DIN): 00234280)

 

Rishad A Premji

Executive Director and

Chief Strategy Officer

(Director Identification

Number (DIN): 02983899)

 

Jatin P Dalal

Chief Financial Officer

 

M Sanaulla Khan

Company Secretary

(Membership Number:

F4129)

Date : April 29, 2016

Place: Bangalore