Tech Mahindra , a leading provider of digital transformation, consulting, and business re-engineering services, has announced a strategic partnership with Advanced Micro Devices (AMD) to develop hybrid multi-cloud solutions for businesses worldwide. This collaboration aims to drive innovation in cloud-based offerings, potentially reshaping the landscape of enterprise cloud services.

Partnership Details

The partnership between Tech Mahindra and AMD focuses on creating hybrid multi-cloud solutions, which are designed to offer businesses greater flexibility and efficiency in managing their cloud infrastructure. By combining Tech Mahindra's expertise in digital transformation and AMD's advanced processing technologies, the alliance is set to address the growing demand for versatile cloud solutions in the global market.

Implications for Businesses

This collaboration is expected to benefit businesses across various sectors by:

• Enhanced Flexibility: Offering hybrid multi-cloud solutions that allow companies to distribute their workloads across different cloud environments, including public, private, and on-premises infrastructures.
• Improved Performance: Leveraging AMD's cutting-edge processing capabilities to boost the performance of cloud-based applications and services.
• Global Reach: Providing innovative cloud solutions to businesses worldwide, potentially expanding both companies' global footprint.

Industry Impact

The partnership between Tech Mahindra and AMD reflects the ongoing trend of technology companies joining forces to address the complex needs of modern businesses. As organizations increasingly adopt multi-cloud strategies, this collaboration could play a significant role in shaping the future of cloud computing and digital transformation services.

While specific details about the solutions and their implementation timeline have not been disclosed, this partnership underscores Tech Mahindra's commitment to expanding its cloud services portfolio and AMD's push into the enterprise cloud market.

As the collaboration progresses, industry observers will be keen to see how these hybrid multi-cloud solutions differentiate themselves in an increasingly competitive market and what unique value propositions they bring to global businesses seeking to optimize their cloud strategies.

Tech Mahindra , a leading Indian IT services and consulting company, has announced a strategic divestment through its wholly-owned subsidiary, Tech Mahindra London Limited (TMLL). The company has sold its entire 26.42% stake in Surance Limited, marking a significant change in its investment portfolio.

Divestment Details

On September 23rd, 2025, TMLL executed a Share Transfer Agreement to divest its entire shareholding in Surance Limited. The transaction was completed for a nominal cash consideration of USD 1.00, reflecting the current financial status of Surance Limited.

Impact on Corporate Structure

Following this divestment:

• Surance Limited will no longer be an associate company of Tech Mahindra.
• Surance US Holdings Inc., a wholly-owned subsidiary of Surance Limited, will also cease to be an associate company of Tech Mahindra.

Buyer Information

The buyer of the divested stake is an existing shareholder of Surance Limited, who previously held a 60.73% stake in the company. Tech Mahindra has confirmed that the buyer is not related to its promoter group, ensuring compliance with regulatory requirements.

Financial Implications

According to the disclosure made by Tech Mahindra:

• For the financial year ended March 31st, 2025, Surance Limited reported nil revenue and nil net worth.
• This indicates that the divestment is unlikely to have a significant impact on Tech Mahindra's financial statements.

Transaction Timeline

• The Share Transfer Agreement was executed on September 23rd, 2025.
• The transaction is expected to be completed by September 30th, 2025.

Regulatory Compliance

Tech Mahindra has made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company has provided all necessary details as required by SEBI regulations, including the nature of the transaction, buyer details, and financial implications.

This strategic move by Tech Mahindra appears to be part of its ongoing portfolio optimization efforts, divesting from non-core or non-performing assets to focus on its primary business operations and growth areas.