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[ad_1] Wipro Buyback:  IT major Wipro has extended the closing date for its Rs 12,000 crore buyback offer due to the shift in the stock market holiday to June 29, Thursday on the occasion of Bakra Eid. As per the latest regulatory filing, Wipo said, “on account of change in the working day from June 29, 2023, to June 28, 2023, SEBI vide its email dated June 27, 2023, has allowed extension in the tendering period by 1 (one) working day. Accordingly, the Buyback Closing Date will be Friday June 30, 2023, instead of Thursday, June 29, 2023." According to the guidance, a buyback is required to be kept open for 5 working days. And hence, Wipro’s buyback which opened on June 22, was set to close on June 29 since June 28 was seen as a public holiday. However, the government shifted the date of the Bakrid festival to June 29 from June 28 and accordingly, exchanges have made the changes including Wipro for its buyback offer. Wipro said, “In addition to placing the bid through the Stoc...

[ad_1] Wipro Buyback:  IT major Wipro has extended the closing date for its Rs 12,000 crore buyback offer due to the shift in the stock market holiday to June 29, Thursday on the occasion of Bakra Eid. As per the latest regulatory filing, Wipo said, “on account of change in the working day from June 29, 2023, to June 28, 2023, SEBI vide its email dated June 27, 2023, has allowed extension in the tendering period by 1 (one) working day. Accordingly, the Buyback Closing Date will be Friday June 30, 2023, instead of Thursday, June 29, 2023." According to the guidance, a buyback is required to be kept open for 5 working days. And hence, Wipro’s buyback which opened on June 22, was set to close on June 29 since June 28 was seen as a public holiday. However, the government shifted the date of the Bakrid festival to June 29 from June 28 and accordingly, exchanges have made the changes including Wipro for its buyback offer. Wipro said, “In addition to placing the bid through the Stoc...