Tech Mahindra , a leading Indian IT services and consulting company, has made several significant announcements that underscore its strategic moves, commitment to sustainability, and shareholder services.

Updated ESG Rating Reflects Improved Performance

Tech Mahindra has received an updated ESG (Environmental, Social, and Governance) rating from ESG Risk Assessments and Insights Limited (ESGRisk.ai), a SEBI registered Category I Subscriber-Pays ESG Rating Provider. The company has been assigned an improved 'ESG rating 80', representing an enhancement from its previous rating of 74.

The latest ESG rating communication was received by Tech Mahindra on December 22, 2025 at 2:09 p.m. (IST). As with the previous assessment, the company did not engage ESGRisk.ai for this rating. The assessment was independently prepared and voluntarily issued by ESGRisk.ai, based on Tech Mahindra's disclosures for fiscal 2025 and other publicly available data.

Special Window for Re-lodgement of Physical Share Transfer Requests

Tech Mahindra has announced a special six-month window from July 7, 2025 to January 6, 2026 for shareholders to re-lodge transfer requests for physical shares. This facility applies specifically to transfer deeds that were lodged before April 1, 2019 and were previously rejected, returned, or not processed due to document deficiencies. Shares that are re-lodged during this period will be issued in demat mode only through a transfer-cum-demat process.

The company encourages shareholders who missed the earlier March 31, 2021 deadline to utilize this opportunity by submitting necessary documents to the registrar MUFG Intime India Private Limited. It's important to note that transfer requests submitted after January 6, 2026 will not be accepted unless SEBI grants an extension.

Guarantee Issuance for Pininfarina

Tech Mahindra has issued a guarantee on behalf of its step-down subsidiary, Pininfarina S.p.A., Italy, for a sum not exceeding €67.67 million. This guarantee supports a supply agreement between Pininfarina and Rolls-Royce Motor Cars Limited.

The transaction, approved by Tech Mahindra's Audit Committee, is classified as a related party transaction conducted on an arm's length basis in the ordinary course of business. While the guaranteed obligations will be treated as a contingent liability for Tech Mahindra, the company states that there is currently no impact from this guarantee.

These developments highlight Tech Mahindra's ongoing efforts to support its subsidiaries' business operations, maintain transparency in its ESG practices, and provide improved services to its shareholders. The improved ESG rating from 74 to 80 demonstrates the company's enhanced performance in environmental, social, and governance aspects, while the guarantee issuance shows commitment to facilitating strategic partnerships.

Tech Mahindra , a leading provider of digital transformation, consulting, and business re-engineering services and solutions, has reported its financial results for the first quarter of fiscal year 2026, showcasing resilience in a challenging macroeconomic environment.

Key Financial Highlights

• Revenue stood at $1,564.00 million, reflecting a 0.40% year-on-year growth and a 1.00% decline on a constant currency basis.
• EBIT margin improved to 11.10%, up from 10.50% in the previous quarter, marking the seventh consecutive quarter of margin expansion.
• Profit after tax (PAT) increased by 30.00% to $133.00 million, with PAT margin expanding by 200 basis points to 8.50%.
• Total Contract Value (TCV) for the quarter was $809.00 million, representing a 44.00% year-on-year increase on an LTM basis.
• Free cash flow was $86.00 million, impacted by seasonal factors and timing-related collection delays.

Vertical Performance

Geographical Performance

Client Metrics and Deal Wins

• Added 2 clients in the $50.00 million bucket.
• Onboarded 15 new must-have accounts.

Strategic Focus and Future Outlook

Tech Mahindra continues to make progress toward its stated FY27 margin targets and expects FY26 performance to be better than FY25. The company is focusing on:

1. Deepening relationships with top accounts, which are showing faster than company average growth.
2. Adding new must-have accounts to drive future growth.
3. Winning profitable large deals to boost revenue momentum.

Despite the challenging environment, Tech Mahindra's focus on margin improvement, strategic client acquisitions, and innovative solutions positions it well for future growth in the dynamic IT services landscape.