Tech Mahindra has recommended a final dividend of ₹36 per equity share of ₹5 each fully paid-up (720%) for the financial year 2025-26, subject to shareholder approval at its upcoming Annual General Meeting (AGM). The record date for determining entitlement to the dividend, if declared, is July 3, 2026. Shareholders holding shares as of the close of business hours on this date will receive the payment electronically on or before August 14, 2026.

The company’s register of members and share transfer books will remain closed from July 1, 2026, to July 3, 2026, for the purpose of dividend entitlement. The 39th AGM is scheduled to be held on July 17, 2026, at 3.30 p.m. IST via video conferencing or other audio-visual means. Members attending virtually will be counted for quorum purposes under Section 103 of the Companies Act, 2013.

Shareholders have been advised to ensure their KYC details, including PAN (Aadhaar seeded), bank account details, and contact information, are updated with the registrar, MUFG Intime India Private Limited, before the record date. Those holding shares in physical form must submit a request letter along with Form ISR-1, ISR-2, and other documents to the registrar’s office in Pune. Demat shareholders must contact their depository participants for updates.

The dividend will be subject to Tax Deducted at Source (TDS) as per applicable rates. To facilitate correct tax deduction, shareholders must submit tax exemption forms and supporting documents to the registrar by July 3, 2026, until 6.00 p.m. IST. No requests for tax adjustments or credit transfers to non-registered members will be entertained after this deadline.

In compliance with the Investor Education and Protection Fund (IEPF) Rules, the company notified that unclaimed dividends for FY 2018-19 must be claimed by September 4, 2026, to prevent transfer to the IEPF. If no valid claims are received by August 21, 2026, the unclaimed dividends and corresponding shares will be transferred to the IEPF Authority. Additionally, the IEPF Authority’s 2nd Saksham Niveshak campaign is ongoing until July 9, 2026, encouraging shareholders to claim unpaid dividends from FY 2018-19 to FY 2025-26.

Tech Mahindra has announced the allotment of 1,12,907 equity shares on May 1, 2026, following the exercise of employee stock options under two established schemes. The Securities Allotment Committee of the Board of Directors approved this allotment at 9:02 PM IST on the same date.

Share Allotment Details

The allotment was executed through two separate employee stock option plans:

Each equity share carries a par value of ₹5 and has been issued as fully-paid shares. The exercise price per share was set at ₹5 with no premium charged.

Post-Allotment Capital Structure

Following this share allotment, Tech Mahindra's capital structure has been updated:

Regulatory Compliance

The company has fulfilled its obligations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The allotment was made pursuant to the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Key regulatory aspects include:

• Both ESOP schemes received prior approval from stock exchanges
• ESOP 2014 received in-principal approval on March 31, 2015
• ESOP 2018 received in-principal approval on March 20, 2019
• Statement under Regulation 10(b) for ESOP 2018 was filed on February 27, 2019

Share Characteristics

The newly allotted shares are identical to existing equity shares and rank pari passu with them. No lock-in restrictions apply to these shares, and no listing fees are payable for this allotment. The shares have been issued in dematerialized form under the existing ISIN number.

Tech Mahindra is listed on both BSE Limited (Scrip Code: 532755) and National Stock Exchange of India Limited (Symbol: TECHM). The company secretary Ruchie Khanna digitally signed the regulatory filing on May 1, 2026.

Summary

Tech Mahindra allotted 1,12,907 equity shares on May 1, 2026, through employee stock option exercises under ESOP 2014 and ESOP 2018 schemes, increasing total issued shares to 97.99 crore.

Sentiment

neutral

Reason

Updated with complete ESOP allotment details including regulatory compliance and capital structure

Snippets

• Snippet Title: Tech Mahindra Allots 1.13 Lakh Shares via ESOP
• Snippet Summary: Tech Mahindra allotted 1,12,907 equity shares on May 1, 2026, through employee stock option exercises under ESOP 2014 and ESOP 2018 schemes, increasing total issued shares to 97.99 crore.
• Sentiment: neutral
• Status: new
• Reason: New ESOP allotment announcement
• ID: 01KQJ9HKK3KCWNEPNKWJX50XNC