Azim Premji, Chairman of India's leading IT company Wipro recently gifted his sons Rishad Premji and Tariq Premji a huge gift. Asim Premji is not only one of India's richest men but also the country's biggest donor
Azim Premji, who has done a lot to help the people and welfare of the people, has gifted his two sons with over 1 crore shares of Wipro shares under his control. The stake is said to be worth $60.12 million. Its value in Indian rupees is around 500 crore rupees.
Fathers giving gifts to sons is not a big thing but gifting Rs 500 crores is a big thing. What was the last gift your father gave you?
Asim Premji gifted over 1 crore Wipro shares to his two sons, and Asim Premji's stake in Wipro now stands at around 215.5 million shares. As a result, Asim Premji's total shareholding has decreased from 4.3 percent to 4.12 percent.
Also Asim Premji's sons Rishad and Tariq got 51 lakh shares each, increasing his stake in Wipro from 0.03 per cent to 0.13 per cent.
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