New Delhi–Wipro Chairman Azim Premji on Monday said that company’s promoters are not envisaging sale of their holdings.

“The news article about promoters of Wipro evaluating sale of their holding in the company is baseless and malicious. There is no truth to these unsubstantiated rumours,” Premji said in a letter to the company’s employees.

“I continue to be incredibly excited about the potential of the IT industry and Wipro. I see enormous energy within the company to power the success of our clients and therefore the success of Wipro,” he added. (IANS)