Azim Premji donates Rs 52,750 crore of Wipro shares to his foundation
Updated : March 14, 2019 09:06 AM IST
The total value of the philanthropic endowment corpus contributed by him stands at Rs 145,000 crore, which includes 67 percent of economic ownership of Wipro.
Azim Premji, through the foundation, will continue to exercise voting rights corresponding to these shares, and will continue to control the IT services company.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more