IT services firm Wipro on Friday said its step-down subsidiary Wipro Holdings Hungary Korlatolt Felelossegu Tarsasag has been voluntarily liquidated.
Confirmation of the liquidation was received from the Hungarian Court of Registration on July 25, 2025, according to a regulatory filing by the company.
The decision has been taken with an intent to rationalise and consolidate Wipro's overall group structure, it said.
1 December 2025
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The Hungarian subsidiary contributed no operational revenue during the last financial year, with other income reported at ₹2.9 crore and a net worth of ₹18.5 crore, accounting for only 0.02% of Wipro’s net worth
