INSIDE 2 4 8 10 12 14 16 22 24 41 55 85 Certain statements in this annual report concerning our future growth prospects are. forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports. Wipro Annual Report 13 – Ebook download as PDF File .pdf), Text File .txt) or read book online. Annual report wipro.
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The Committee comprises of Dr. Your Company has adopted an Ombuds process as a channel for receiving and redressing complaints from employees and Directors, as per the provisions of Section 9 and 10 of the Companies Act, and regulation 22 of the Listing Regulations.
Assignment Point – Solution for Best Assignment Paper
Pursuant to the provisions of section of the Companies Act,an audit firm can act as auditors of a listed company for a maximum tenure of two terms of 5 consecutive years. The research and development expenses for the years ended March 31,and were Rs.
Material changes and commitments affecting the financial position of the Company There have been no material changes and commitments, affecting the financial position of the Company which occurred during between the end of the financial year to which the financial statements relate and the date of this report.
Number of Meetings of the Board The Board met six times during the financial year on April 20,June 3,July, October, January 4,and January Acquisitions consummated during the year ended March 31, included Infoserver S. For example, Wipro Sight solution uses advanced computer vision based algorithms to analyze customer behavior in stores for delivering enhanced in-store retail experience. Ot Bangalore, June 25, Chairman.
Wipro Balance Sheets, Financial Statements – The Economic Times
The Company has received necessary declarations from the Independent Directors stating that they meet the prescribed annuap for independence. Board Evaluation Pursuant to the provisions of the Companies Act, and the Listing Regulations, the Board dipro required to monitor and review the Board evaluation framework.
Green Initiatives in Corporate Governance Ministry of Corporate Afairs has recently permitted companies to send electronic copies of Annual Report, notices etc. A little over a year ago, your Company embarked on a journey of transformation, with courage and conviction, to shape its future.
Corporate Governance is also related to Innovation and Kf as the organisations ideas of Innovation and strategies are driven to enhance stakeholder satisfaction for all stakeholders. These trends on newer business models, emerging technologies and sourcing patterns provides your Company with significant growth opportunities. Together, your Company discovers ideas and connects the dots to build a better and a bold new future. Repogt requisite notice together with necessary deposit has been received from a member pursuant to Section of the Companies Act,proposing the election of Mr Vyomesh Joshi, as a Director.
Abidali Z Neemuchwala, Dr.
Sharma was appointed as an Additional Director of the Company in accordance with Section of the Companies Act,by the Board of Directors with efect from July 1, The growth is fuelled both by use of IT to reduce cost structures as well as increased adoption of cloud, mobility, analytics and social media. In millions Standalone Consolidated Net profit for the year 80, 89, Balance of Reserves at the, beginning of the year Transfer to General Reserve – – Balance of Reserves at the, end of the year Subsidiary Companies In accordance with Section 3 of the Companies Act,a statement containing salient features of the financial statements of the subsidiary companies in Form AOC-1 is provided at pages of this Annual Report.
Technology companies have been outsourcing software research and development and related support functions to offshore technology service providers to reduce cycle time for introducing new products and services. Adequate workshops and awareness programs against sexual harassment are conducted across the organization. In the consolidated financial statements, these are considered as hedges of net investment in non-integral foreign operations.
We have accordingly arranged to send the soft copies of these documents to the e-mail IDs of shareholders wherever applicable. Brand Your Company is a trusted name in the marketplace, with an enviable history of business success, built on a strong set of values. On a standalone basis, our sales increased to Rs.
Wipro Balance Sheet, Wipro Financial Statement & Accounts
Pursuant to section of Companies Act, and Schedule V of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, “Listing Regulations”annaul on particulars relating to Loans, advances, guarantees and investments are provided as part of the financial statements.
Sharma, as a Director. Particulars regarding Conservation of Energy Your Company has taken several steps to conserve energy through or as disclosed separately as part of this Annual Report.
Net profit for repot year Balance of Reserve at the beginning of the year Transfer to General Reserve Balance of Reserve at the end of the year. Your Company”s vision is “To earn our Clients” trust and maximize value of their businesses by providing solutions that integrate deep industry insights, leading technologies and best in class execution”.
The maximum interval between any two meetings did not exceed days.
Directors Report of Wipro Ltd.
Compliance Committee and the Board periodically monitor status of compliances with applicable laws based on quarterly certification provided by senior management. William Arthur Owens g Mr. Worldwide IT Services spending is expected to grow 4. Vigil Mechanism In line with the requirements under Section 9 and 10 of the Companies Act, and regulation 22 of the Listing Regulations, your Company has adopted an Ombuds process which is a channel for receiving and redressing complaints from employees and directors.
One third of these retiring Directors must retire from office at each Annual General Meeting of the shareholders.
The record date for reckoning eligible shareholders including ADS holders entitled to receive bonus shares is June 14, Also, the Company extinguished 4. Kurien as a Director of the Company.
Interim Dividend Pursuant to the approval of Board of Directors on January 21,your company had distributed an interim dividend of Rs.