India's Wipro founder to sell 35 mln shares
MUMBAI, March 12
MUMBAI, March 12 (Reuters) - Azim Premji Trust, which owns a majority stake in India's Wipro Ltd, plans to sell up to 35 million shares of the country's No. 3 software exporter in market deals to finance the education activities of its non-profit arm.
The share sale is valued at about 15.32 billion rupees ($306 million) at Wipro's Monday market close price of 437.75 rupees.
(41=50 rupees) (Reporting by Sumeet Chatterjee; Editing by Aradhana Aravindan)
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