Tech Mahindra Allots 21,712 Equity Shares Through Employee Stock Option Exercise
Tech Mahindra Limited allotted 21,712 equity shares on January 19, 2026, through employee stock option exercises under ESOP-2014 (6,312 shares) and ESOP-2018 (15,400 shares) schemes. The shares, with a par value and exercise price of ₹5.00 each, increased the company's total issued shares to 97,97,43,045 and total issued share capital to ₹4,89,87,15,225. The newly issued shares rank pari passu with existing equity shares and carry no lock-in restrictions.

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Tech Mahindra Limited has announced the allotment of 21,712 equity shares on January 19, 2026, pursuant to the exercise of employee stock options under its established ESOP schemes. The Securities Allotment Committee of the Board of Directors approved this allotment, which was communicated to BSE Limited and National Stock Exchange of India Limited in compliance with SEBI Listing Regulations.
Share Allotment Details
The allotment was executed under two distinct employee stock option schemes operated by the company. The breakdown demonstrates the utilization of both legacy and current ESOP frameworks.
| Scheme: | Shares Allotted |
|---|---|
| Employee Stock Option Plan – 2014 (ESOP-2014): | 6,312 |
| Employee Stock Option Scheme – 2018 (ESOP-2018): | 15,400 |
| Total Shares Allotted: | 21,712 |
Financial and Technical Specifications
The newly allotted equity shares carry specific financial parameters and technical identifiers as mandated by regulatory requirements. Each share maintains the standard par value established by the company.
| Parameter: | Details |
|---|---|
| Par Value per Share: | ₹5.00 |
| Exercise Price per Share: | ₹5.00 |
| Premium per Share: | NIL |
| Date of Issue: | January 19, 2026 |
| Distinctive Numbers: | 1000306334 to 1000328045 |
| ISIN Number: | INE669C01036 |
Impact on Share Capital Structure
Following this allotment, Tech Mahindra's overall equity structure has been updated to reflect the additional shares issued through the employee stock option exercise. The company's total issued share capital now stands significantly higher.
| Metric: | Post-Allotment Figure |
|---|---|
| Total Issued Shares: | 97,97,43,045 |
| Total Issued Share Capital: | ₹4,89,87,15,225 |
Regulatory Compliance and Share Characteristics
The allotment was executed in full compliance with Securities and Exchange Board of India regulations, specifically under the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company confirmed that the newly issued shares rank pari passu and are identical in all respects to existing equity shares. No lock-in provisions apply to these shares, and no listing fees are payable for this allotment. The shares have been issued in demat form under the existing ISIN number, ensuring seamless integration with the company's current equity structure.
Historical Stock Returns for Tech Mahindra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.86% | +8.60% | +8.88% | +6.87% | +1.82% | +72.13% |















































