Completion of Alpha Net Consulting contracts acquisition extended to December 31, 2026

Wipro, through its subsidiaries, had signed a definitive agreement to acquire select customer contracts of Alpha Net Consulting LLC and its subsidiaries.

Wed 30 Sep 2026

Deal Type

Acquire select customer contracts of Alpha Net Consulting LLC and its subsidiaries

Previous Expected Completion

September 30, 2026

Revised Expected Completion

December 31, 2026

Transaction Structure

Through Wipro's subsidiaries

What was announced

Wipro had earlier informed the exchanges, through letters dated April 15, 2026 and June 23, 2026, that it had signed a definitive agreement through its subsidiaries to acquire select customer contracts of Alpha Net Consulting LLC and its subsidiaries.

The update

• The transaction was earlier expected to be completed by September 30, 2026.
• It is now expected to be completed at the latest by December 31, 2026.

How to read it

This is a timing update on an already announced transaction, not a change in the deal itself. The structure remains an acquisition of select customer contracts rather than of the whole company. Investors may view a pushed-out closing date as a delay in when the acquired contracts begin contributing, while the commitment under the definitive agreement stands.

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