| Related party relationship and transactions |
31. Related party relationship and transactions The list of subsidiaries, associate and joint venture as of March 31, 2026 are provided in the table below:
|
|
|
|
|
Subsidiaries |
Subsidiaries |
Subsidiaries |
Country of Incorporation |
Holding |
Attune Consulting India Private Limited |
|
|
India |
100.00% |
Capco Technologies Private Limited |
|
|
India |
100.00% |
Wipro Chengdu Limited |
|
|
China |
8.96% |
Wipro Holdings (UK) Limited |
|
|
U.K. |
100.00% |
|
Wipro Technologies SRL |
|
Romania |
^ |
Wipro IT Services Bangladesh Limited |
|
|
Bangladesh |
100.00% |
Wipro IT Services UK Societas |
|
|
U.K. |
100.00% |
|
Capco Consulting Middle East FZE (2) |
|
UAE |
100.00% |
|
Designit A/S |
|
Denmark |
100.00% |
|
|
Designit Denmark A/S |
Denmark |
100.00% |
|
|
Designit Germany GmbH |
Germany |
100.00% |
|
|
Designit Oslo A/S |
Norway |
100.00% |
|
|
Designit Spain Digital, S.L.U |
Spain |
100.00% |
|
|
Designit T.L.V Ltd. |
Israel |
100.00% |
|
Wipro Bahrain Limited Co. W.L.L |
|
Bahrain |
100.00% |
|
Wipro Czech Republic IT Services s.r.o. |
|
Czech Republic |
100.00% |
|
|
|
|
|
|
Wipro CRM Services |
|
Belgium |
100.00% |
|
|
Wipro 4C Consulting France SAS |
France |
100.00% |
|
|
Wipro CRM Services B.V. |
Netherlands |
100.00% |
|
|
Wipro CRM Services ApS |
Denmark |
100.00% |
|
|
Wipro CRM Services UK Limited |
U.K. |
100.00% |
|
Grove Holdings 2 S.á.r.l |
|
Luxembourg |
100.00% |
|
|
Capco Solution Services GmbH |
Germany |
100.00% |
|
|
The Capital Markets Company Italy Srl |
Italy |
100.00% |
|
|
Capco Brasil Serviços E Consultoria Ltda |
Brazil |
99.99% |
|
|
The Capital Markets Company BV (1) |
Belgium |
100.00% |
|
PT. WT Indonesia |
|
Indonesia |
99.60% |
|
Rainbow Software LLC |
|
Iraq |
100.00% |
|
Wipro Arabia Limited |
|
Saudi Arabia |
66.67% |
|
|
Women's Business Park Technologies Limited |
Saudi Arabia |
100.00% |
|
Wipro Doha LLC |
|
Qatar |
100.00% |
|
Wipro Financial Outsourcing Services Limited |
|
U.K. |
100.00% |
|
|
Wipro UK Limited |
U.K. |
100.00% |
|
Wipro Gulf LLC |
|
Sultanate of Oman |
99.98% |
|
Wipro Information Technology Netherlands BV. |
|
Netherlands |
100.00% |
|
|
Wipro Gulf LLC |
Sultanate of Oman |
0.02% |
|
|
Wipro Technologies SA |
Argentina |
2.62% |
|
|
Wipro (Thailand) Co. Limited |
Thailand |
0.03% |
|
|
Wipro Technologies GmbH |
Germany |
14.87% |
|
|
Wipro Do Brasil Sistemas De Informatica Ltda |
Brazil |
0.07% |
|
|
Wipro do Brasil Technologia Ltda (1) |
Brazil |
99.44% |
|
|
Wipro Information Technology Kazakhstan LLP |
Kazakhstan |
100.00% |
|
|
Wipro Outsourcing Services (Ireland) Limited |
Ireland |
100.00% |
|
|
Wipro Portugal S.A. (1) |
Portugal |
100.00% |
|
|
Wipro Solutions Canada Limited |
Canada |
100.00% |
|
|
Wipro Technologies Limited |
Russia |
99.99% |
|
|
Wipro Technologies Peru SAC |
Peru |
99.98% |
|
|
Wipro Technologies W.T. Sociedad Anonima |
Costa Rica |
100.00% |
|
|
Wipro Technology Chile SPA |
Chile |
100.00% |
|
|
Applied Value Technologies B.V. |
Netherlands |
100.00% |
|
Wipro IT Service Ukraine, LLC |
|
Ukraine |
100.00% |
|
Wipro IT Services Poland SP Z.O.O |
|
Poland |
100.00% |
|
Wipro IT Services S.R.L. |
|
Romania |
100.00% |
|
Wipro Regional Headquarter |
|
Saudi Arabia |
100.00% |
|
Wipro Technologies Australia Pty Ltd |
|
Australia |
100.00% |
|
|
Wipro Ampion Holdings Pty Ltd (1) |
Australia |
100.00% |
|
Wipro Technologies SA |
|
Argentina |
97.38% |
|
Wipro Technologies SA DE CV |
|
Mexico |
91.08% |
|
Wipro Technologies South Africa (Proprietary) Limited |
|
South Africa |
69.42% |
|
|
Wipro Technologies Nigeria Limited |
Nigeria |
99.84% |
|
Wipro Technologies SRL |
|
Romania |
100.00% |
|
Wipro (Thailand) Co. Limited |
|
Thailand |
99.97% |
|
Wipro Shanghai Limited |
|
China |
84.63% |
|
Wipro Technologies Nigeria Limited |
|
Nigeria |
0.16% |
|
Wipro Technologies Limited |
|
Russia |
0.01% |
|
Wipro Technologies Peru SAC |
|
Peru |
0.02% |
Wipro Japan KK |
|
|
Japan |
100.00% |
Wipro Networks Pte Limited |
|
|
Singapore |
100.00% |
|
Applied Value Technologies Pte. Limited |
|
Singapore |
100.00% |
|
Wipro Chengdu Limited |
|
China |
91.04% |
|
PT. WT Indonesia |
|
Indonesia |
0.40% |
|
|
|
|
|
|
Wipro (Thailand) Co. Limited |
|
Thailand |
^ |
|
Wipro (Dalian) Limited |
|
China |
100.00% |
|
Wipro Technologies SDN BHD |
|
Malaysia |
100.00% |
|
Wipro (Tianjin) Limited (3) |
|
China |
100.00% |
Wipro Philippines, Inc. |
|
|
Philippines |
100.00% |
Wipro Shanghai Limited |
|
|
China |
15.37% |
Wipro Travel Services Limited |
|
|
India |
100.00% |
Wipro, LLC |
|
|
USA |
100.00% |
|
Wipro Technologies SA DE CV |
|
Mexico |
8.92% |
|
Wipro Gallagher Solutions, LLC |
|
USA |
100.00% |
|
Wipro Insurance Solutions, LLC |
|
USA |
100.00% |
|
Wipro IT Services, LLC (8) |
|
USA |
100.00% |
|
|
Aggne Global Inc. |
USA |
60.00% |
|
|
Edgile, LLC |
USA |
100.00% |
|
|
HealthPlan Services, Inc. (1) |
USA |
100.00% |
|
|
Infocrossing, LLC |
USA |
100.00% |
|
|
International TechneGroup Incorporated (1) |
USA |
100.00% |
|
|
Wipro NextGen Enterprise Inc. (1) |
USA |
100.00% |
|
|
Rizing Intermediate Holdings, Inc. (1) |
USA |
100.00% |
|
|
Wipro Appirio, Inc. (1) |
USA |
100.00% |
|
|
Wipro Designit Services, Inc. (1) |
USA |
100.00% |
|
|
Wipro Telecom Consulting LLC |
USA |
100.00% |
|
|
Wipro VLSI Design Services, LLC |
USA |
100.00% |
|
|
Applied Value Technologies, Inc. |
USA |
100.00% |
|
|
Wipro Business Services LLC (10) |
USA |
100.00% |
|
|
The Capital Markets Company, LLC (1) (7) |
USA |
100.00% |
Aggne Global IT Services Private Limited |
|
|
India |
60.00% |
Wipro, Inc. |
|
|
USA |
100.00% |
|
Wipro Life Science Solutions, LLC |
|
USA |
100.00% |
Wipro Connected Services, Inc. (Formerly known as Harman Connected Services, Inc.) (4) (5) |
|
|
USA |
100.00% |
|
Wipro Connected Services Mauritius Pvt Ltd (Formerly known as Harman Connected Services Mauritius Pvt Ltd) |
|
Mauritius |
100.00% |
|
|
Connected Services Corporation Wipro India Private Limited (Formerly known as Harman Connected Services Corporation India Pvt. Ltd.) |
India |
98.40% |
|
Connected Services Corporation Wipro India Private Limited (Formerly known as Harman Connected Services Corporation India Pvt. Ltd.) |
|
India |
1.60% |
|
Wipro Connected Services Engineering Corp. (Formerly known as Harman Connected Services Engineering Corp.) |
|
USA |
100.00% |
|
Wipro Connected Services UK Limited (Formerly known as Harman Connected Services UK Limited) |
|
UK |
100.00% |
|
|
Harman Connected Services Morocco |
Morocco |
100.00% |
|
Wipro Connected Services US Midco LLC (Formerly known as Harman Connected Services US Midco LLC) |
|
USA |
100.00% |
|
|
Harman Connected Services AB (1) |
Sweden |
100.00% |
|
|
|
|
|
|
|
|
|
|
The Wipro SA Broad Based Ownership Scheme Trust |
|
|
|
|
|
Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD |
|
|
100.00% |
|
|
Wipro Technologies South Africa (Proprietary) Limited |
South Africa |
30.58% |
|
|
|
|
|
^ Value is less than 0.01% |
|
|
|
|
The Company controls ‘Wipro SA Broad Based Ownership Scheme Trust’ and ‘Wipro SA Broad Based Ownership Scheme SPV (RF) (PTY) LTD’ incorporated in South Africa and ‘Wipro Foundation’ in India. All the above direct subsidiaries are 100% held by the Company except as mentioned in footnote (2) and (3) below. (2)Grove Holdings 2 S.á.r.l. has transferred its entire shareholding in Capco Consulting Middle East FZE to Wipro IT Services UK Societas, effective September 19, 2025. (3)Wipro (Tianjin) Limited has been incorporated with effect from May 23, 2025, which is 100% held by Wipro Networks Pte Limited. (4)The Company, through its subsidiaries, has acquired 100% shareholding in Wipro Connected Services, Inc. (Formerly known as Harman Connected Services, Inc.) and its subsidiaries, effective December 1, 2025. (5)Wipro Digital Inc., a wholly owned subsidiary, has merged with Wipro Connected Services, Inc. (Formerly known as Harman Connected Services, Inc.), a step-down subsidiary, effective December 1, 2025. (6)Cardinal US Holdings, Inc transferred its entire ownership in Capco Consulting Services LLC to The Capital Markets Company, LLC effective March 30, 2026. (7)Capco RISC Consulting LLC merged with The Capital Markets Company, LLC effective March 30, 2026. (8)Cardinal US Holdings, Inc. merged with Wipro IT Services, LLC effective March 31, 2026. (9)Rizing Consulting USA, LLC (Formerly known as Rizing Consulting USA, Inc.) merged with Rizing LLC effective March 31, 2026. (10)Wipro Business Services LLC has been incorporated as a step down subsidiary of the Company with effect from January 20, 2026, which is 100% held by Wipro, LLC. (1)Step Subsidiary details of The Capital Markets Company LLC, HealthPlan Services, Inc., International TechneGroup Incorporated, Wipro NextGen Enterprise Inc., Rizing Intermediate Holdings, Inc., The Capital Markets Company BV, Wipro Ampion Holdings Pty Ltd, Wipro Appirio, Inc., Wipro Designit Services, Inc., Wipro do Brasil Technologia Ltda, Wipro Portugal S.A. and Harman Connected Services AB are as follows:
|
|
|
|
|
Subsidiaries |
Subsidiaries |
Subsidiaries |
Country of Incorporation |
Holding |
The Capital Markets Company, LLC |
|
|
USA |
|
|
Capco Consulting Services LLC (6) |
|
USA |
100.00% |
HealthPlan Services, Inc. |
|
|
USA |
|
|
HealthPlan Services Insurance Agency, LLC |
|
USA |
100.00% |
International TechneGroup Incorporated |
|
|
USA |
|
|
International TechneGroup Ltd. |
|
U.K. |
100.00% |
|
ITI Proficiency Ltd |
|
Israel |
100.00% |
|
MechWorks S.R.L. |
|
Italy |
100.00% |
Wipro NextGen Enterprise Inc. |
|
|
USA |
|
|
LeanSwift AB |
|
Sweden |
100.00% |
Rizing Intermediate Holdings, Inc. |
|
|
USA |
|
|
Rizing Lanka (Private) Ltd |
|
Sri Lanka |
100.00% |
|
|
Attune Netherlands B.V. (11) |
Netherlands |
100.00% |
|
Rizing Solutions Canada Inc. |
|
Canada |
100.00% |
|
Rizing LLC (9) |
|
USA |
100.00% |
|
|
Rizing B.V. |
Netherlands |
100.00% |
|
|
Rizing Consulting Ireland Limited |
Ireland |
100.00% |
|
|
Rizing Consulting Pty Ltd. |
Australia |
100.00% |
|
|
Rizing Geospatial LLC |
USA |
100.00% |
|
|
|
|
|
|
|
Rizing GmbH |
Germany |
100.00% |
|
|
Rizing Limited |
U.K. |
100.00% |
|
|
Rizing Pte Ltd. (11) |
Singapore |
100.00% |
The Capital Markets Company BV |
|
|
Belgium |
|
|
CapAfric Consulting (Pty) Ltd |
|
South Africa |
100.00% |
|
Capco Belgium BV |
|
Belgium |
100.00% |
|
|
The Capital Markets Company s.r.o |
Slovakia |
15.00% |
|
|
Capco Consultancy (Thailand) Ltd |
Thailand |
0.04% |
|
Capco Consultancy (Malaysia) Sdn. Bhd |
|
Malaysia |
100.00% |
|
Capco Consultancy (Thailand) Ltd |
|
Thailand |
99.92% |
|
Capco Consulting Singapore Pte. Ltd |
|
Singapore |
100.00% |
|
Capco Greece Single Member P.C |
|
Greece |
100.00% |
|
Capco Poland sp. z.o.o |
|
Poland |
100.00% |
|
The Capital Markets Company (UK) Ltd |
|
U.K. |
100.00% |
|
|
Capco Consultancy (Thailand) Ltd |
Thailand |
0.04% |
|
|
The Capital Markets Company Limited |
Hong Kong |
0.01% |
|
The Capital Markets Company GmbH |
|
Germany |
100.00% |
|
|
Capco Austria GmbH |
Austria |
100.00% |
|
The Capital Markets Company Limited |
|
Hong Kong |
99.99% |
|
The Capital Markets Company Limited |
|
Canada |
100.00% |
|
|
Capco Brasil Serviços E Consultoria Ltda |
Brazil |
0.01% |
|
The Capital Markets Company S.á.r.l |
|
Switzerland |
100.00% |
|
|
Andrion AG |
Switzerland |
100.00% |
|
The Capital Markets Company S.A.S |
|
France |
100.00% |
|
The Capital Markets Company s.r.o |
|
Slovakia |
85.00% |
Wipro Ampion Holdings Pty Ltd |
|
|
Australia |
|
|
Wipro Revolution IT Pty Ltd |
|
Australia |
100.00% |
|
Wipro Shelde Australia Pty Ltd |
|
Australia |
100.00% |
Wipro Appirio, Inc. |
|
|
USA |
|
|
Wipro Appirio (Ireland) Limited |
|
Ireland |
100.00% |
|
|
Wipro Appirio UK Limited |
U.K. |
100.00% |
|
Topcoder, LLC |
|
USA |
100.00% |
Wipro Designit Services, Inc. |
|
|
USA |
|
|
Wipro Designit Services Limited |
|
Ireland |
100.00% |
Wipro do Brasil Technologia Ltda |
|
|
Brazil |
|
|
Wipro do Brasil Servicos Ltda |
|
Brazil |
100.00% |
|
Wipro Do Brasil Sistemas De Informatica Ltda |
|
Brazil |
96.84% |
Wipro Portugal S.A. |
|
|
Portugal |
|
|
Wipro do Brasil Technologia Ltda |
|
Brazil |
0.56% |
|
Wipro Do Brasil Sistemas De Informatica Ltda |
|
Brazil |
3.09% |
|
Wipro Technologies GmbH |
|
Germany |
85.13% |
|
|
Wipro Business Solutions GmbH (11) |
Germany |
100.00% |
|
|
Wipro IT Services Austria GmbH |
Austria |
100.00% |
Harman Connected Services AB |
|
|
Sweden |
|
|
Harman Connected Services Solutions (Chengdu) Co. Ltd. |
|
China |
100.00% |
(11)Step Subsidiary details of Attune Netherlands B.V., Rizing Pte Ltd. and Wipro Business Solutions GmbH are as follows:
|
|
|
|
|
Subsidiaries |
Subsidiaries |
Subsidiaries |
Country of Incorporation |
Holding |
Attune Netherlands B.V. |
|
|
Netherlands |
|
|
Rizing Germany GmbH |
|
Germany |
100.00% |
|
Attune Italia S.R.L |
|
Italy |
100.00% |
|
Attune UK Ltd. |
|
U.K. |
100.00% |
Rizing Pte Ltd. |
|
|
Singapore |
|
|
Rizing New Zealand Ltd. |
|
New Zealand |
100.00% |
|
Rizing Philippines Inc. |
|
Philippines |
100.00% |
|
Rizing SDN BHD |
|
Malaysia |
100.00% |
|
Rizing Solutions Pty Ltd |
|
Australia |
100.00% |
Wipro Business Solutions GmbH |
|
|
Germany |
|
|
Wipro Technology Solutions S.R.L |
|
Romania |
100.00% |
As at March 31, 2026, Wipro, LLC held 43.7% interest in Drivestream Inc., incorporated in the USA, and Wipro IT Services LLC held 27% interest in SDVerse LLC, incorporated in the USA, accounted for using the equity method. The list of controlled trusts are:
|
|
Name of the entity |
Country of incorporation |
Wipro Equity Reward Trust |
India |
Wipro Foundation |
India |
Vide the order dated June 06, 2025, the Hon’ble National Company Law Tribunal, Bengaluru bench, approved the scheme of amalgamation for the merger of wholly owned subsidiaries Wipro HR Services India Private Limited, Wipro Overseas IT Services Private Limited, Wipro Technology Product Services Private Limited, Wipro Trademarks Holding Limited and Wipro VLSI Design Services India Private Limited with Wipro Limited. As per the said scheme, the appointed date is April 1, 2025. The other related parties are:
|
|
Name of the related parties: |
Nature |
Azim Premji Foundation |
Entity controlled by Promoters |
Azim Premji Foundation for Development |
Entity controlled by Promoters |
Hasham Traders |
Entity controlled by Promoters |
Prazim Traders |
Entity controlled by Promoters |
Zash Traders |
Entity controlled by Promoters |
Hasham Investment and Trading Co. Pvt. Ltd |
Entity controlled by Promoters |
Azim Premji Philanthropic Initiatives Pvt. Ltd |
Entity controlled by Promoters |
Azim Premji Trust |
Entity controlled by Promoters |
Azim Premji Trustee Company Pvt Ltd |
Entity controlled by Promoters |
Azim Premji Safe Deposit Pvt Ltd |
Entity controlled by Promoters |
Hasham Premji Pvt Ltd |
Entity controlled by Promoters |
PI Opportunities Fund I |
Entity controlled by Promoters |
PI Opportunities Fund II |
Entity controlled by Promoters |
Apex Trust |
Entity controlled by Promoters |
Napean Trading and Investment Company (Singapore) Pte Ltd |
Entity controlled by Promoters |
Pioneer Private Trust |
Entity controlled by Promoters |
Pioneer Investment Fund |
Entity controlled by Promoters |
Azim Premji Trust Services Pvt Ltd |
Entity controlled by Promoters |
Pl International Holdings LLC |
Entity controlled by Promoters |
Azim Premji Custodial & Management Service Private Limited |
Entity controlled by Promoters |
Azim Premji Education Trust |
Entity controlled by Promoters |
Prazim Trading & Investment Company Private Limited |
Entity controlled by Promoters |
Nina Investment & Estates Pvt. Ltd. |
Entity controlled by Promoters |
Varsha Investment & Estates Pvt. Ltd. |
Entity controlled by Promoters |
Bharti Investment & Estates Pvt. Ltd. |
Entity controlled by Promoters |
Napean Opportunities LLP |
Entity controlled by Promoters |
Best Value Chem Private Limited |
Entity controlled by Promoters |
PI Investment Advisory LLP |
Entity controlled by Promoters |
WEPL Family Trust |
Entity controlled by Promoters |
Hygienic Research Institute Private Limited |
Entity controlled by Promoters |
Wipro Enterprises (P) Limited and its subsidiaries |
Entity controlled by Promoters |
Azim Premji University |
Entity controlled by Promoters |
PI Opportunities Fund I Scheme II |
Entity controlled by Promoters |
|
|
|
|
|
PI Opportunities AIF V LLP |
Entity controlled by Promoters |
Vidyaniti LLP |
Entity controlled by Promoters |
Pioneer Investment Fund Scheme II |
Entity controlled by Promoters |
Tariq Azim Premji Trust |
Entity controlled by Promoters |
Pioneer Independent Trust |
Entity controlled by Promoters |
Central Camera Co. Pvt. Ltd. |
Entity controlled by Promoters |
Gem Photographic (India) Pvt. Ltd. |
Entity controlled by Promoters |
Wipro GE Healthcare Private Limited |
Joint Venture between Wipro Enterprises (P) Limited and General Electric |
S.B. Packagings Private Limited |
Entity with significant influence of Promoters |
Financial Software and Systems Private Limited |
Entity with significant influence of Promoters |
Fab India Limited |
Entity with significant influence of Promoters |
Amagi Media Labs Private Limited |
Entity with significant influence of Promoters |
Finnovation Tech Solutions Private Limited |
Entity with significant influence of Promoters |
Shubham Housing Development Finance Company Limited |
Entity with significant influence of Promoters |
Microplastics Private Limited |
Entity with significant influence of Promoters |
Comfort Grid Technologies Private Limited |
Entity with significant influence of Promoters |
TI Medical Private Limited |
Entity with significant influence of Promoters |
Indiejewel Fashions Private Limited |
Entity with significant influence of Promoters |
The Woodenstreet Furnitures Private Limited |
Entity with significant influence of Promoters |
SBI General Insurance Company Limited |
Entity with significant influence of Promoters |
Weaver Services Private Limited |
Entity with significant influence of Promoters |
Krazybee Services Private Limited |
Entity with significant influence of Promoters |
|
|
|
|
|
Post-employment benefit plans |
|
|
|
Wipro Information Technology Limited Provident Fund Trust |
Post-employment benefit plans |
|
|
Wipro Systems Provident Fund Trust |
Post-employment benefit plans |
|
|
Wipro Limited Management Employees Pension Fund |
Post-employment benefit plans |
|
|
Wipro Limited BPO Division Employees Superannuation Trust |
Post-employment benefit plans |
|
|
Wipro Infotech Limited Management Employees Pension Fund |
Post-employment benefit plans |
|
|
Wipro Limited Employees Superannuation Fund |
Post-employment benefit plans |
|
|
Wipro Limited Employees Gratuity Fund |
Post-employment benefit plans |
|
|
Wipro Limited BPO Division Employees Gratuity Trust |
Post-employment benefit plans |
|
|
|
|
|
|
|
Key management personnel |
|
|
|
|
Azim H. Premji |
|
Non-Executive, Non-Independent Director (designated as "Founder Chairman") (1) |
|
|
Rishad A. Premji |
|
Chairman of the Board (designated as "Executive Chairman") |
|
|
Srinivas Pallia |
|
Chief Executive Officer and Managing Director |
|
|
Aparna C. Iyer |
|
Chief Financial Officer |
|
|
Päivi Rekonen |
|
Independent Director |
|
|
N. S. Kannan |
|
Independent Director |
|
|
Dr. Patrick J. Ennis |
|
Independent Director (2) |
|
|
Patrick Dupuis |
|
Independent Director (2) |
|
|
Laura Marie Miller |
|
Independent Director (3) |
|
|
Deepak M. Satwalekar |
|
Independent Director |
|
|
Tulsi Naidu |
|
Independent Director |
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|
(1)Mr. Azim H. Premji is the ultimate controlling party. (2)Dr. Patrick J. Ennis and Mr. Patrick Dupuis retired from their positions as Independent Directors of the Company with effect from the close of business hours on March 31, 2026. (3)On March 5, 2026, the Board of Directors approved the appointment of Ms. Laura Marie Miller as an Additional Director in the capacity of Independent Director for a term of five years, with effect from April 1, 2026 to March 31, 2031, subject to the approval of the Members of the Company. The appointment was approved by the Members of the Company vide special resolution dated May 21, 2026, passed through postal ballot by e-voting. Close members of Key management personnel: - Yasmeen A. Premji - Tariq A. Premji - Aditi Mehta Premji - Avita Hazarika The Company has the following related party transactions:
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Entities controlled by/with significant influence of Promoters |
Key Management Personnel |
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Associate / Joint Venture |
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Other related parties |
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Transactions for the year ended March 31, 2024 |
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Sale of goods and services |
₹ |
559 |
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₹ |
- |
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₹ |
- |
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₹ |
- |
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Purchase of services |
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- |
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- |
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107 |
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- |
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Items of property, plant and equipments purchased |
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330 |
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- |
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- |
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- |
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Dividend (1) |
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3,577 |
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232 |
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- |
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- |
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Buyback of shares (1) |
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81,093 |
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5,028 |
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- |
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- |
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Rental income |
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26 |
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- |
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- |
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- |
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Rent paid |
^ |
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7 |
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- |
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- |
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Contribution to post employment benefit plans |
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- |
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- |
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- |
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6,265 |
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Others |
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14 |
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- |
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- |
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- |
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Key management personnel (2)(3) |
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Remuneration and short-term benefits (4) |
₹ |
- |
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₹ |
1,321 |
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₹ |
- |
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₹ |
- |
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Other benefits (5) |
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- |
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585 |
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- |
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- |
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Balance as at March 31, 2024 |
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Receivables |
₹ |
478 |
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₹ |
- |
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₹ |
- |
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₹ |
- |
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Payables |
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- |
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638 |
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- |
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- |
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Entities controlled by/with significant influence of Promoters |
Key Management Personnel |
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Associate / Joint Venture |
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Other related parties |
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Transactions for the year ended March 31, 2025 |
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Sale of goods and services |
₹ |
305 |
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₹ |
- |
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₹ |
- |
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₹ |
- |
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Purchase of services |
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423 |
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- |
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- |
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- |
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Items of property, plant and equipments purchased |
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155 |
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- |
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- |
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- |
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Ticketing and hospitality |
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448 |
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- |
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- |
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- |
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Dividend (1) |
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42,923 |
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2,780 |
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- |
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- |
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Rental income |
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31 |
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- |
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- |
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- |
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Rent paid |
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1 |
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12 |
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- |
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- |
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Contribution to post employment benefit plans |
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- |
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- |
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- |
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6,517 |
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Others |
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70 |
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- |
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- |
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- |
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Key management personnel (2)(6) |
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Remuneration and short-term benefits (4) |
₹ |
- |
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₹ |
596 |
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₹ |
- |
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₹ |
- |
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Other benefits (5) |
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- |
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283 |
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- |
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- |
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Balance as at March 31, 2025 |
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Receivables |
₹ |
255 |
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₹ |
- |
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₹ |
- |
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₹ |
- |
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Payables |
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- |
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254 |
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- |
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- |
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Entities controlled by/with significant influence of Promoters |
Key Management Personnel |
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Associate / Joint Venture |
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Other related parties |
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Transactions for the year ended March 31, 2026 |
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Sale of goods and services |
₹ |
358 |
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₹ |
- |
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₹ |
7 |
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₹ |
- |
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Purchase of services |
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169 |
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- |
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- |
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- |
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Items of property, plant and equipments purchased |
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145 |
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- |
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- |
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- |
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Ticketing and hospitality |
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418 |
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- |
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- |
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- |
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Dividend (1) |
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78,692 |
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5,097 |
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- |
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- |
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Rental income |
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11 |
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- |
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- |
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- |
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Rent paid |
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1 |
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12 |
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- |
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- |
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Sale of investment |
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- |
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- |
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181 |
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- |
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Advance paid to supplier |
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46 |
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- |
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- |
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- |
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Contribution to post employment benefit plans |
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- |
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- |
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- |
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7,058 |
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Contribution to Gratuity trust |
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- |
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- |
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- |
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5,220 |
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Investment |
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- |
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- |
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348 |
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- |
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Others |
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20 |
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- |
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- |
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- |
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Key management personnel (2) |
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Remuneration and short-term benefits (4) |
₹ |
- |
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₹ |
505 |
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₹ |
- |
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|
₹ |
- |
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Other benefits (5) |
|
- |
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|
273 |
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- |
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- |
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Balance as at March 31, 2026 |
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Receivables |
₹ |
371 |
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|
₹ |
- |
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|
₹ |
- |
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|
₹ |
- |
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Payables |
|
- |
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|
138 |
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|
- |
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- |
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^ Value is less than 0.5 (1)Includes relative of key management personnel. (2)Post-employment benefits and other long-term benefits including compensated absences are not disclosed, as these are determined for the Company as a whole based on actuarial valuation. (3)Remuneration, short-term benefits and other benefits for Mr. Thierry Delaporte includes cash compensation in amount of ₹ 415, cost of accelerated vesting of ₹ 310 towards unvested stock options and ₹ 196 towards social security contributions. (4)Remuneration and short-term benefits includes sitting fees and commission paid to non-executive directors, non-independent directors, and independent directors. (5)Other benefits include ₹ 575, ₹ 277, and ₹ 267 as of March 31, 2024, 2025 and 2026, respectively towards amortization of RSUs granted to key management personnel which vest over a period of time. This also includes RSU’s that will vest based on performance parameters of the Company. (6)Remuneration, short-term benefits and other benefits for Mr. Srinivas Pallia is for the period from April 7, 2024 to March 31, 2025. During the year ended March 31, 2025, the Company allotted 231,642,592 equity shares to key management personnel and 3,576,894,608 equity shares to entities controlled by promoters on account of bonus issue. All related party transactions were entered at an arm’s length basis and in the ordinary course of business. There are no materially significant related party transactions made by the Company with promoters, directors or key management personnel, which may have a potential conflict with the interests of the Company at large.
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