Azim Premji had donated Rs 50,000 crore in 2019, Wipro clarifies
Tech giant Wipro has clarified that news reports and social media posts of Founder Azim Premji donating Rs 50,000 crore are misleading as the charitable contribution was made in March 2019. Yes, Premji, the then chairman of Wipro had earmarked 34 percent of his shares worth Rs 52,750 crore to an endowment under the Azim Premji Foundation.
The donation was made by the philanthropist in mid-March 2019, making him one of the biggest philanthropists in India’s history. The 74-year-old earlier has donated money for charitable causes wholeheartedly that include Wipro shares and other assets owned by him.
Source: CNBC TV18
