Wipro stock falls 8% as ₹15000cr buyback record date announced

Wipro faces harassment and religious coercion

While Wipro plans to buy back 600 million shares (about 5.7% of its total), investor mood took a hit after a former employee accused the company of workplace harassment and religious coercion at its Pune office.
Wipro responded by stressing its zero-tolerance policy for misconduct and said it is working with Pune Police on the investigation.

Despite these reassurances, Wipro's stock is still down over 27% so far in 2026.