UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of January 2015

Commission File Number 001-16139

 

 

Wipro Limited

(Exact name of Registrant as specified in its charter)

 

 

Not Applicable

(Translation of Registrant’s name into English)

Karnataka, India

(Jurisdiction of incorporation or organization)

Doddakannelli

Sarjapur Road

Bangalore, Karnataka 560035, India +91-80-2844-0011

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F: Form 20-F  þ    Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes  ¨    No   þ

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes  ¨    No  þ

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 


DISCLOSURE OF CHANGE IN CHIEF FINANCIAL OFFICER

On January 16, 2015, Wipro Limited, a company organized under the laws of the Republic of India (the “Company”), issued a press release announcing the retirement of Mr. Suresh Senapaty as the Company’s Chief Financial Officer, effective March 31, 2015. Mr. Jatin Dalal, the Company’s current Senior Vice President – Finance will assume the role of Chief Financial Officer, effective April 1, 2015. Messrs. Senapaty and Dalal will work together through the quarter ending March 31, 2015 to ensure a smooth transition. A copy of the press release delivered to the securities exchanges is attached hereto as Exhibit 99.1 and is incorporated herein by reference.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

WIPRO LIMITED
/s/ Suresh C. Senapaty

Suresh C. Senapaty

Chief Financial Officer & Director

Dated: January 21, 2014


INDEX TO EXHIBITS

 

Item

    
99.1    Press Release of Wipro Limited, dated January 16, 2015, announcing the retirement of Mr. Suresh Senapaty as the Company’s Chief Financial Officer and the appointment of Mr. Jatin Dalal as the new Chief Financial Officer.


Exhibit 99.1

 

LOGO

Wipro Limited Announces Retirement of Suresh Senapaty; Appoints

Jatin Dalal as CFO

Bangalore, India and East Brunswick, New Jersey, USA, January 16, 2015: Wipro Limited (NYSE:WIT), a leading global information technology, consulting and business process services company today announced that Suresh Senapaty, the current Chief Financial Officer and Executive Director will retire on attaining the age of superannuation on March 31, 2015 after completing a distinguished career spanning over three decades with the company. Jatin Dalal, Senior Vice President - Finance will take over the role of CFO, effective April 1, 2015.

Acknowledging Suresh Senapaty’s contribution, Azim Premji, Chairman, Wipro Limited said, “Suresh has been an integral part of the company’s think-tank and has played a catalytic role in taking the company to great heights. His exemplary contribution has seen Wipro setting new benchmarks in finance, governance and strategy. He has also emerged as a key industry voice, who has championed several governance and policy issues, pertinent to the IT industry. I personally thank him and his family for his contribution to Wipro and wish him all the very best in his future plans.”

Suresh Senapaty said, “It has been an exciting, challenging and fulfilling journey for me. Wipro has been an outstanding place to work, learn and grow. Helping build Wipro’s finance function and a strong culture of corporate governance apart from being a part of the organization’s growth journey are memories that I cherish. This has been a wonderful journey, personally and professionally. I also wish to express my gratitude to all colleagues and other stake holders for their support over the years and wish Jatin all the very best.”

A Chartered Accountant, Jatin Dalal joined Wipro in 2002. He has been instrumental in taking up diverse and challenging assignments in Wipro’s finance function including setting up of Wividus – the company’s shared services division besides strengthening the company’s Financial Planning & Analysis and Investor Relations functions.

Suresh Senapaty and Jatin Dalal will work together through quarter ending March 31, 2015 to ensure a smooth transition.

About Wipro Ltd.

Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of “Business through Technology” - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner’s


approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of over 150,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com

Contact for Media

Vipin Nair

+91 8039916260

vipin.nair1@wipro.com

Contact for Investor Relations

Aravind Viswanathan

+91 8039916143

aravind.viswanathan@wipro.com

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

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