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Home -> Finance -> Full Story
Wipro acquires full equity of Wipro Spectramind
By By our correspondent
Friday, January 3 2003 18:49 Hrs (IST)

Bangalore: Wipro Limited has acquired the entire equity holding, owned by Housing Development Finance Corporation Limited (HDFC) in Wipro Spectramind Services Private Limited for an aggregate consideration of Rs 264 million ($ 5.5 million), according to an official release on January 3.

Wipro acquired from HDFC equity shares representing 8 per cent of the outstanding equity shares of Wipro Spectramind Services Private Limited, the release said.

These equity shares represent approximately 6 per cent of the equity of Wipro Spectramind Services Private Limited on a fully diluted basis, the release added.





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