Bangalore, India and East Brunswick, New Jersey, USA - May 26, 2016:
Wipro Limited (NYSE:WIT) today announced that it has filed its Annual Report on form 20-F for the year ended March 31, 2016 with the U.S. Securities and Exchange Commission on May 26, 2016 (U.S. time) and will furnish the same to its American Depository Shares (ADS) holders on its website in lieu of physical distribution.
The financial statements included in the Annual Report on Form 20-F for the year ended March 31, 2016 have been prepared in accordance with the International Financial Reporting Standards (IFRS) and is available through the Wipro Limited website at www.wipro.com.
In accordance to New York Stock Exchange rules, physical and email copies of Wipro' Annual Report on Form 20-F will be made available, at no cost, to ADS holders upon request.
About Wipro Limited (NYSE: WIT)
Wipro Limited (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.” By combining digital strategy, customer centric design, advanced analytics and product engineering approach, Wipro helps its clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, Wipro has a dedicated workforce of over 160,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com
For more information, please visit www.wipro.com
Contact for Investor Relations
Pavan N Rao
Phone: +91-80-4672 6143
Abhishek Kumar Jain
Phone: +1 978 826 4700
Contact for Media & Press
Vipin Nair
Phone: +91-98450 14036
Forward-looking statements
The forward-looking statements contained here in represent Wipro's beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro's control. Such statements include, but are not limited to, statements regarding Wipro's growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties 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, including, but not limited to, Annual Reports on Form 20-F. 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.
