Srini Pallia, who has been a part of Wipro for over three decades, divested all his shares valued at ₹5 crore in the company before his appointment as the company's new CEO. He sold 1 lakh Wipro shares on February 14. Pallia, an IISc Bangalore passout, was appointed the CEO and MD on April 6 following Thierry Delaporte's resignation.