Transaction to acquire select customer contracts of Alpha Net Consulting completed

Wipro says the transaction to acquire select customer contracts of Alpha Net Consulting LLC and its subsidiaries, through its subsidiaries, was completed on October 1, 2026.

Thu 1 Oct 2026

Transaction Completion Date

completed on October 1, 2026

Earlier Expected Completion Date

expected to be completed by December 31, 2026

Transaction Subject

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

Prior Disclosure Dates

letters dated April 15, 2026, June 23, 2026 and September 30, 2026

What the company has informed the exchanges

Wipro Limited has told the exchanges that the transaction to acquire select customer contracts of Alpha Net Consulting LLC and its subsidiaries, through its subsidiaries, has been completed on October 1, 2026.

The update refers to the company's earlier letters dated April 15, 2026, June 23, 2026 and September 30, 2026, which had informed that Wipro Limited, through its subsidiaries, had signed a definitive agreement to acquire select customer contracts of Alpha Net Consulting LLC and its subsidiaries.

Those earlier letters had said the transaction was expected to be completed by December 31, 2026.

What is being acquired

• The subject of the transaction, as described in the update, is select customer contracts of Alpha Net Consulting LLC and its subsidiaries.
• The acquiring entity is Wipro Limited, acting through its subsidiaries.
• The update does not use any other description of what is being acquired.

How to read this

For a reader new to such updates: "select customer contracts" means the deal is described as covering certain customer contracts of that business, rather than the update describing a purchase of the entire company.

This is an update on a transaction that was disclosed earlier. The earlier communication set an expected completion date of December 31, 2026; the company now states the transaction was completed on October 1, 2026.

The perception it can create

• The announcement marks the completion of a transaction that was previously disclosed as signed and pending completion.
• Completion is stated as having happened on a date earlier than the earlier expected completion date of December 31, 2026.
• The update is a short update to the exchanges. The description of what is being acquired is the wording used by the company; readers looking for further detail would draw it from the company's disclosures.

What to keep in view

This is an update on completion of a transaction, not a fresh announcement of a new agreement. The update states the transaction has been completed and gives the date of completion, along with the reference to the earlier letters.

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