Tech Mahindra Limited has announced the allocation of 45,105 equity shares to eligible employees under its stock option plans. The Securities Allotment Committee of the company's Board of Directors approved this allotment on November 12, 2025.

Allocation Details

The allotment comprises:

Key Points

• Share Value: Each equity share has a face value of ₹5.
• Exercise Price: The exercise price per share is ₹5, with no additional premium.
• New Total: Following this issuance, Tech Mahindra's total issued shares stand at 97,96,60,627.
• Updated Share Capital: The company's total issued share capital after this allotment is ₹4,89,83,03,135.
• Share Status: The newly issued shares rank pari passu and are identical to the existing equity shares of the company.

Regulatory Compliance

The allotment was made in compliance with the Securities and Exchange Board of India (SEBI) regulations. Both stock option schemes had received prior approvals from the BSE Limited and National Stock Exchange of India Limited.

Impact on Shareholding

This allocation represents a small increase in the total number of outstanding shares. Such programs are common in the technology sector to attract and retain talent.

Investors and market participants may note this minor change in the company's share structure, although the impact on overall market capitalization is likely to be minimal given the relatively small number of shares issued.

Tech Mahindra continues to demonstrate its commitment to employee engagement through these stock option plans, a practice that often aligns employee interests with those of shareholders.

Tech Mahindra , a leading Indian IT services company, has reported strong financial results for the second quarter of fiscal year 2026, demonstrating resilience and growth across key metrics.

Financial Highlights

The company's performance in Q2 FY26 marks its strongest quarterly growth in 10 quarters, with a 1.6% sequential increase in constant currency terms. This growth was accompanied by a continued expansion in EBIT margin, which reached 12.1%, extending the streak of margin improvement to eight consecutive quarters.

Sector-wise Performance

Tech Mahindra witnessed broad-based growth across several key verticals:

• Manufacturing: 5.2% YoY growth
• BFSI (Banking, Financial Services, and Insurance): 6.2% YoY growth
• Retail, Transport & Logistics: 7.2% YoY growth

The communications vertical, while declining 2.2% year-on-year, maintained stability.

Client Acquisition and Revenue Contribution

The company's strategy to focus on high-value clients has shown positive results:

• The $20 million plus client bucket delivered above-company average growth
• Contributions from this segment surpassed $1 billion
• 21 new must-have accounts added in the first two quarters
• 17 of these new accounts already generating over $1 million in revenue each

Innovation and Recognition

Tech Mahindra continues to invest in cutting-edge technologies:

• Launched TechM Orion, an agentic AI platform
• Recognized as a leader in Gartner's Gen AI Consulting services quadrant

Shareholder Returns

The Board of Directors has recommended a dividend of Rs. 15.00 per share, demonstrating the company's commitment to delivering value to its shareholders.

Conclusion

Tech Mahindra's Q2 FY26 results reflect a strong performance characterized by revenue growth, margin expansion, and strategic client acquisitions. The company's focus on innovation and its ability to secure significant deal wins position it well for continued growth in the evolving IT services landscape.