Rishad Premji sells 27.4% stake in Wipro for Rs 11 crores
Monday, 20th June 2011
Wipro Chairman Azim Premji's son Rishad Premji , who is also chief strategy officer (CSO) in the company, has sold 27.4 per cent, amounting to 2.6 lakh shares, of his total holding in the company for little over Rs 11 crore.
Prior to this sale, Rishad held 9,46,666 share, or 0.04 per cent stake , in the company, Wipro said in a filing to the Bombay Stock Exchange.
Publication : Times of India