Latest news about Tech Mahindra
Tech Mahindra to consider proposal for issuing bonus shares
Tech Mahindra
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More news about Tech Mahindra
16Sept 26
Tech Mahindra schedules investor meets for Sep 21-22 in Mumbai
Tech Mahindra to hold physical investor meetings in Mumbai on September 21 and 22, 2026. Sessions scheduled at Anand Rathi Annual Flagship Conference and J.P. Morgan India Conference. Audience restricted to analysts, investors, and funds with no UPSI sharing.
07Sept 26
Tech Mahindra schedules investor meet at UBS India Summit 2026
Tech Mahindra to hold investor meet on September 11, 2026. Event is part of UBS India Summit 2026 in Mumbai. Sessions will be physical, involving one-on-one and group formats. No unpublished price-sensitive information to be shared.
27Aug 26
Tech Mahindra, Uniphore partner to build Agentic AI Factory
Tech Mahindra partners with Uniphore to build an Agentic AI Factory. Integration uses Uniphore’s Business AI Cloud for SLMs and AI agents. Initial focus is on Retail sourcing and BFSI claims processing. Partnership aims to scale AI adoption across EMEA and North America.
27Aug 26
Tech Mahindra hosts virtual investor call on September 1
Tech Mahindra hosts virtual investor call on September 1, 2026. Event is part of the BofA India IT Call Series. Meeting scheduled for 9:45 am IST for analysts and funds. No unpublished price-sensitive information to be shared.
26Aug 26
Tech Mahindra to host Goldman Sachs investor meet in Hong Kong
Tech Mahindra will hold an investor meet on August 31, 2026. Event is part of the Goldman Sachs Asia Leaders Conference. Physical meeting scheduled in Hong Kong at 6:30 am. No unpublished price-sensitive info to be shared.
20Aug 26
Tech Mahindra, ServiceNow expand partnership for enterprise AI scale
Tech Mahindra and ServiceNow expand multi-year partnership. Focus shifts to moving enterprises from AI pilots to production scale. Alliance delivers ready-to-use enterprise AI solutions. Tech Mahindra acts as delivery partner for ServiceNow platform.
07Aug 26
Tech Mahindra Launches Toronto Innovation Hub to Drive AI-Led Enterprise Transformation
Tech Mahindra launched its Toronto Innovation Hub on Aug. 6, 2026, to accelerate AI-led enterprise transformation in Canada, integrating AI innovation, client co-creation, and talent development. The hub supports nearly 2,200 Canadian employees through AI-enabled upskilling programs and targets high-growth sectors including BFSI and Communications, with a focus on Agentic AI, Cloud Transformation, Cybersecurity, and Digital Engineering. It will also host hackathons, industry roundtables, and collaborative research to strengthen Canada's broader technology ecosystem.
07Aug 26
Tech Mahindra to Participate in Two Investor Conferences in Mumbai on 12-13 August 2026
Tech Mahindra has intimated stock exchanges of its scheduled analyst and institutional investor interactions under SEBI Listing Regulations. The company's leadership will participate in two physical conferences in Mumbai — the Emkay Confluence 2026 on 12th August 2026 and the Equirus Annual India Conference on 13th August 2026. Both events will feature group meetings and one-on-one sessions with analysts, investors, and funds. The company has confirmed that no unpublished price-sensitive information will be shared during these interactions.
05Aug 26
Tech Mahindra Records ₹23.82 Crores Block Trade on NSE for ~1,44,264 Shares at ₹1651.30
Tech Mahindra recorded a block trade on the NSE involving approximately 1,44,264 shares at ₹1651.30 per share. The total transaction value amounted to ₹23.82 crores. Block trades of this magnitude are typically associated with institutional-level participation and reflect significant trading activity in the counter.
28Jul 26
Tech Mahindra wins FICO hackathon with e-commerce return solution
Tech Mahindra won FICO's GSI Partner Hackathon with a solution reducing COD return losses in India. The platform uses 70+ risk signals to cut Return-to-Origin rates by 6-9%, saving ₹1 crore monthly on one million orders. The solution offers audit-ready decisioning for payment eligibility and logistics optimization.
27Jul 26
Tech Mahindra schedules Singapore investor roadshow for late July 2026
Tech Mahindra Limited announced a non-deal roadshow in Singapore for July 30-31, 2026. The event will feature group and one-on-one sessions with analysts and investors. No unpublished price-sensitive information will be disclosed.
22Jul 26
Tech Mahindra Q1 net profit rises 28.5% YoY to ₹14.65 billion
Tech Mahindra reported a 28.5% YoY increase in Q1 net profit to ₹14.65 billion, with revenue rising 17.7% YoY to ₹157.12 billion. Operating margins expanded to 14.4%, supported by volume growth and savings from Project Fortius. All verticals delivered year-on-year growth, with Manufacturing leading at 17.2%, and total deal wins reached US$1.078 billion.
20Jul 26
Tech Mahindra issues notice for merger of three subsidiaries
Tech Mahindra has issued a notice to its equity shareholders regarding the scheme of merger with Zen3 Infosolutions Private Limited, Tech Mahindra Enterprise Services Limited, and Begig Private Limited. The National Company Law Tribunal (NCLT), Mumbai Bench, has dispensed with the meetings of members and creditors to consider the scheme. Shareholders have 30 days from the receipt of the notice to submit representations to the Tribunal.
18Jul 26
Tech Mahindra approves FY26 results and re-appoints Anish Shah at AGM
At the 39th Annual General Meeting held on July 17, 2026, Tech Mahindra Limited secured shareholder approval for its audited standalone and consolidated financial statements for FY26, along with the confirmation of interim dividend and declaration of final dividend. Dr. Anish Shah was re-appointed as a Non-Executive Director with 96.9984% votes in favour. The meeting excluded a resolution regarding the appointment of Mr. Krishnam Parasramka following a restraining order from the Civil Court at Kolkata.
17Jul 26
Tech Mahindra extends stake acquisition timeline to Aug 31, 2026
Tech Mahindra has extended the deadline to acquire a 20% stake in Tech Mahindra Arabia Limited from Midad Company Limited to August 31, 2026, due to pending conditions precedent. The ₹206.2 crore cash transaction will result in 100% ownership of the subsidiary, subject to Saudi Arabian regulatory approval.
17Jul 26
Tech Mahindra Records ₹61.12 Crore Block Trade on NSE at ₹1539.3 Per Share
Tech Mahindra recorded a block trade on the NSE involving approximately 397078 shares at ₹1539.3 per share, with the total transaction value amounting to ₹61.12 crore. Block trades of this magnitude are typically associated with institutional participation and are regarded as significant market events. The identities of the transacting parties have not been disclosed in the available data.
16Jul 26
Tech Mahindra Plans Ongoing Investment in AI Skills, Platform Growth, and Talent to Implement AI Effectively
Tech Mahindra has outlined plans for ongoing investment in AI skills, platform growth, and talent to drive effective artificial intelligence implementation. The company's strategy focuses on three core pillars: workforce skill development, platform scaling, and talent nurturing. This initiative reflects Tech Mahindra's commitment to building a comprehensive AI capability framework. The move positions the company to deliver AI-driven solutions across its service portfolio.
02Jul 26
Tech Mahindra unit acquires Alyis to boost Orange Business support
Tech Mahindra's wholly-owned subsidiary Tech Mahindra Servicios De Informatica S.A acquired Alyis Serviços Técnicos LTDA for BRL 1.2 million (approx. Rs 2.21 crore) on July 1, 2026. The acquisition, involving 100% shareholding, aims to enhance support for Orange Business customers in the LATAM region. The transaction, funded through cash, will make Alyis Serviços a wholly-owned stepdown subsidiary upon completion on July 2, 2026.
01Jul 26
Tech Mahindra Records ₹113.66 Crore Block Trade on NSE at ₹1362.10 Per Share
Tech Mahindra recorded a block trade on the NSE involving approximately 834,461 shares at ₹1362.10 per share. The total value of the transaction stood at ₹113.66 crores. Block trades of this magnitude are generally associated with large institutional participants executing significant positions.
01Jul 26
Tech Mahindra to announce Q1 FY27 results on July 16
Tech Mahindra will announce its audited financial results for Q1 FY27 on July 16, 2026. A board meeting is scheduled for July 16-17 to approve the results. An earnings conference call will be held on July 16 at 5:30 PM IST to discuss the performance with analysts and investors.
30Jun 26
Tech Mahindra Partners With Microsoft to Modernize Telecom Using AI-Driven 5G Network Digital Twin
Tech Mahindra has entered into a partnership with Microsoft to modernize telecom infrastructure using an AI-driven 5G Network Digital Twin. The collaboration combines Tech Mahindra's telecom expertise with Microsoft's AI and cloud capabilities to enhance network operations. The initiative highlights the growing role of artificial intelligence and digital twin technology in transforming the telecommunications sector.
25Jun 26
Tech Mahindra confirms dispatch of 39th AGM notice
Tech Mahindra has completed the dispatch of the Notice for its 39th AGM and the Integrated Annual Report for FY 2025-26, with electronic copies sent on June 24, 2026. The meeting is set for July 17, 2026, via video conferencing, featuring e-voting facilities from July 13 to July 16, 2026.
25Jun 26
Tech Mahindra files BRSR for FY26, targets net zero by 2035
Tech Mahindra filed its Business Responsibility and Sustainability Report for FY26, detailing its ESG performance and net zero targets. The report highlights a workforce of 140,216 with 34.6% female representation and a renewable energy mix of 26.45%. DNV provided assurance for the disclosures.
24Jun 26
Tech Mahindra step-down subsidiary liquidated
Tech Mahindra announced the voluntary liquidation and deregistration of its step-down subsidiary, HCI Group Australia Pty Ltd, effective May 27, 2026. The subsidiary, which ceased operations in FY26, reported a revenue of AUD 3.69 Mn and a negative net worth of AUD 7.56 Mn for the financial year ended March 31, 2025. The transaction did not involve any sale consideration or related party transactions.
23Jun 26
Citi Maintains Sell Rating on Tech Mahindra with Target Price of ₹1,275 Amid Valuation Concerns
Citi has maintained a Sell rating on Tech Mahindra with a target price of ₹1,275, citing the stock's rich valuation at 18.5x FY27 EPS, which stands at a premium to large-cap IT peers. While management has set FY27 targets of better-than-industry growth and a 15% EBIT margin, the brokerage flags a challenging industry outlook as a key risk. Consistent execution on these growth objectives is highlighted as critical given the elevated valuation multiple.
18Jun 26
Tech Mahindra partners with Viam to scale advanced robotics
Tech Mahindra has partnered with Viam to provide global enterprise clients with direct access to an advanced robotics and automation platform. The collaboration aims to address challenges in software integration and fleet management. Tech Mahindra will expand its robotics practice and train engineers on the Viam platform.
10Jun 26
Tech Mahindra to host CLSA GenAI Access Days on June 15
Tech Mahindra has scheduled a virtual investor interaction for June 15, 2026, as part of the CLSA GenAI Access Days. The meeting will be held from 10.30 a.m. IST and will include analysts, investors, and funds. The company confirmed that no unpublished price sensitive information will be shared during the interaction.
29May 26
Tech Mahindra schedules June 2026 investor interactions in Mumbai
Tech Mahindra has announced a schedule of investor interactions in Mumbai for June 3 and 4, 2026, featuring group and one-on-one meetings at the Morgan Stanley India Investment Forum 2026 and the Citi India Conference 2026. The sessions, starting at 10.00 a.m. IST, are for analysts and institutional investors, with no unpublished price sensitive information to be disclosed.
28May 26
Tech Mahindra declares ₹36 final dividend for FY2025-26
Tech Mahindra has recommended a final dividend of ₹36 per share for FY2025-26, pending shareholder approval at the AGM on July 17, 2026. The record date is July 3, 2026, with payment due by August 14, 2026. The company also announced details regarding the IEPF transfer of unclaimed dividends for FY 2018-19.
26May 26
Tech Mahindra Records Multiple NSE Block Trades Across Sessions
Tech Mahindra has seen a series of five substantial block trades on the NSE, with deal values ranging from ₹25.38 crores to ₹178.54 crores across varying price points. The latest transaction involved approximately 191,900 shares traded at ₹1448.30, amounting to ₹27.79 crores, further highlighting sustained institutional interest in the stock.
02May 26
Tech Mahindra Allots 1,12,907 Equity Shares Through Employee Stock Option Exercise
Tech Mahindra has allotted 1,12,907 equity shares on May 1, 2026, following the exercise of employee stock options under ESOP 2014 and ESOP 2018 schemes. The Securities Allotment Committee approved the allotment, which includes 54,534 shares under ESOP 2014 and 58,373 shares under ESOP 2018, each with a par value of ₹5. Post-allotment, the company's total issued shares stand at 97,99,54,159 with total issued share capital of ₹4,89,97,70,795. The shares rank pari passu with existing equity shares, carry no lock-in restrictions, and were issued in dematerialized form under ISIN INE669C01036.
01May 26
Tech Mahindra Acquires 85% Stake in Alluri Technologies for CAD 28 Million
Tech Mahindra announces acquisition of 85% stake in Alluri Technologies for CAD 28 million through its subsidiary. The strategic transaction provides majority control while utilizing subsidiary structure for operational flexibility. This acquisition strengthens Tech Mahindra's technology portfolio and demonstrates continued expansion strategy.
29Apr 26
Tech Mahindra Releases Q4 FY26 Earnings Call Transcript: AI Strategy and Growth Focus
Tech Mahindra published the official transcript of its Q4 FY26 quarterly earnings meeting held on April 22, 2026, providing detailed insights into the company's strategic transformation journey, AI-first approach, and operational performance. The transcript, filed under SEBI regulations, is now available on the company's investor website.
23Apr 26
Tech Mahindra Concludes Q4 FY26 Earnings Meeting with Analysts and Investors
Tech Mahindra successfully completed its quarterly earnings meeting with analysts and institutional investors on April 22, 2026, discussing Q4 and FY26 audited financial results. The meeting featured strategic roadmap presentations focusing on AI-led transformation and technology evolution, with all materials and recordings made publicly accessible while ensuring no price sensitive information was disclosed.
23Apr 26
Tech Mahindra Publishes FY26 Financial Results in Newspapers Per SEBI Regulations
Tech Mahindra completed mandatory newspaper publication of its FY26 financial results in Financial Express and Loksatta on April 23, 2026, as per SEBI regulatory requirements. The results showed strong performance with revenue of ₹56,815 crores, EBIT growth of 31.40% to ₹7,152 crores, and record dividend declaration of ₹51 per share.
23Apr 26
HDFC Securities Maintains Add Rating on Tech Mahindra with ₹1,510 Target Price
HDFC Securities maintains its Add rating on Tech Mahindra with a ₹1,510 target price, citing the company's 0.6% QoQ constant currency revenue growth driven by BFSI and communications sector recovery. The IT services firm secured strong deal wins worth $3.8 billion TCV for FY26 and achieved 12.6% EBIT margins. The brokerage expects Tech Mahindra's AI-led capabilities to drive better-than-industry growth and EBIT margins of around 15% in FY27.
23Apr 26
HSBC Maintains Buy Rating on Tech Mahindra with ₹1,780 Target Price on Strong Performance
HSBC maintains Buy rating on Tech Mahindra with ₹1,780 target price, citing strong quarterly performance and reiterated FY27 targets including 15% EBIT margin and above-peer revenue growth. The company's telecom segment shows strength through European market share gains, while HSBC expects superior medium-to-long-term earnings growth versus larger industry peers.
23Apr 26
Citigroup Issues Sell Rating on Tech Mahindra with ₹1,275 Target Price Amid Rising Costs
Citigroup has issued a sell rating on Tech Mahindra with a ₹1,275 target price, highlighting mixed fourth-quarter performance. While EBIT was broadly in line with expectations, rising subcontractor costs (+17% QoQ, 12% of revenue) and weaker cash conversion (OCF/EBITDA 68% vs 83% YoY) raised operational concerns. The company demonstrated strong forward momentum with +41% YoY TCV growth and AI-led transformation progress, but Citigroup believes the rich valuation (~19.2x FY27E EPS) already incorporates these positives.
22Apr 26
Tech Mahindra Reports $1073 Million in Q4 New Deal Wins
Tech Mahindra secured new deal wins worth $1073 million during Q4, showcasing strong business momentum. The substantial contract value reflects the company's competitive positioning and client acquisition capabilities in the IT services market, positioning it well for future revenue growth.
22Apr 26
Tech Mahindra Board Approves Dividend of ₹36 Per Share
Tech Mahindra's board of directors has approved a dividend payment of ₹36 per share for shareholders. This dividend approval represents a significant shareholder return initiative by the IT services company, demonstrating its commitment to rewarding investors and reflecting confidence in its financial position.
11Apr 26
Tech Mahindra Submits Q4FY26 SEBI Compliance Certificate for Dematerialisation Process
Tech Mahindra Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) on 10th April 2026, covering the period from 1st January to 31st March 2026. The certificate, submitted through registrar MUFG Intime India Private Limited, confirms proper handling of dematerialisation processes and compliance with depository participant regulations. The filing demonstrates the company's adherence to mandatory SEBI requirements for securities handling and maintains transparency for investors trading under BSE scrip code 532755 and NSE symbol TECHM.
07Apr 26
Tech Mahindra Announces Special Window for Physical Share Transfer and Dematerialisation
Tech Mahindra Limited has announced a SEBI-mandated special window facility operational from 5th February 2026 to 4th February 2027 for transfer and dematerialisation of physical securities executed prior to 1st April 2019. The facility covers transfer deeds not previously lodged for approval and previously rejected transfer requests due to document deficiencies. Transferred shares will be issued in demat mode only and subject to a one-year lock-in period. The company published newspaper advertisements on 7th April 2026 to inform shareholders about this facility.
03Apr 26
Tech Mahindra Analyst Day 2026 & Q4FY26 Earnings Meet Scheduled April 22, 2026
Tech Mahindra has announced detailed plans for Q4FY26 results declaration including Board meeting on April 21-22, 2026 and Analyst Day 2026 meeting on April 22 at 5:15 PM IST. The in-person analyst interaction will be held at Pune facility with comprehensive discussions on quarterly performance and strategic priorities.
01Apr 26
Tech Mahindra Board Approves Merger of Costa Rica Subsidiaries
Tech Mahindra has received board approval for the merger of two wholly owned Costa Rica-based subsidiaries - Tech Mahindra Costa Rica Sociedad Anonima and Allyis Technology Solutions Sociedad de Responsabilidad Limitada, with an appointed merger date of 1st April, 2026. The consolidation involves entities with combined turnover of USD 9.92 million and aims to optimize operational costs while reducing compliance risks.
18Mar 26
CITI Issues Sell Rating on Tech Mahindra with Target Price of Rs 1260
CITI has issued a sell rating on Tech Mahindra with a target price of Rs 1260, citing premium valuation concerns as the stock trades at 18x FY27E EPS compared to peers. While the company focuses on industry growth and targets 15% FY27E EBIT margin, macro and AI trends pose significant risks. The brokerage questions the sustainability of outperformance given the premium valuation and challenging market dynamics.
17Mar 26
Tech Mahindra Subsidiary Acquires 20% Stake in Tech Mahindra Arabia for ₹2.06 Billion
Tech Mahindra's subsidiary has signed an agreement to acquire a 20% stake in Tech Mahindra Arabia from Midad for ₹2.06 billion. This strategic acquisition represents a significant investment in the company's Middle Eastern operations and demonstrates Tech Mahindra's commitment to expanding its regional market presence and operational capabilities.
17Mar 26
Tech Mahindra Allots 61,561 Equity Shares Under Employee Stock Option Plans
Tech Mahindra allotted 61,561 equity shares on March 17, 2026, under two employee stock option schemes - 42,381 shares under ESOP-2014 and 19,180 shares under ESOP-2018. The allotment increased the company's total issued shares to 97,98,41,252 and total issued share capital to ₹ 4,89,92,06,260. The newly issued shares, with a par value of ₹ 5/- each and exercise price of Rs. 5, rank pari passu with existing equity shares and maintain full regulatory compliance with SEBI requirements.
10Mar 26
Tech Mahindra Announces Liquidation of Australian Step-Down Subsidiary
Tech Mahindra Limited announced the voluntary liquidation of its Australian step-down subsidiary Tech Mahindra Digital Pty Ltd, effective March 9, 2026. The subsidiary reported revenue of 10.02 million AUD and net worth of 10.89 million AUD for FY2025. The liquidation complies with SEBI regulations and does not involve related party transactions, representing part of Tech Mahindra's global subsidiary structure optimization.
09Mar 26
Tech Mahindra Denies Market Rumours About Significant Headcount Reduction
Tech Mahindra Limited has categorically denied market rumours about significant headcount reduction, stating no such proposal is under consideration. The company filed a clarification under SEBI Listing Regulation 30(11) on March 9, 2026, following social media speculation and market calls. The IT services company emphasized its continued compliance with disclosure norms and uploaded the clarification on its official website for stakeholder transparency.
05Mar 26
Tech Mahindra Schedules Investor Interaction at J.P. Morgan India Forum on March 10, 2026
Tech Mahindra has announced its participation in the J.P. Morgan India Forum on March 10, 2026, in Singapore, starting at 7.30 a.m. IST. The investor interaction will be conducted in physical mode, featuring both group meetings and one-on-one sessions with analysts, investors, and funds. The company has assured compliance with regulatory requirements and confirmed that no unpublished price sensitive information will be shared during the engagement.
05Mar 26
Tech Mahindra Partners with Microsoft to Develop Agentic AI Platform for Telecom Sector
Tech Mahindra has partnered with Microsoft to develop an agentic AI platform for the telecommunications industry and data mesh applications. The collaboration combines Tech Mahindra's telecom expertise with Microsoft's AI and cloud technologies to create autonomous decision-making solutions for telecom operations and modernized data infrastructure management.
02Mar 26
Tech Mahindra and Orange Business Enter 5-Year Strategic Partnership for Global Digital Transformation
Tech Mahindra and Orange Business have announced exclusive negotiations for a comprehensive 5-year non-equity strategic partnership focused on accelerating digital transformation for global enterprise customers. The collaboration combines Orange Business' leadership in networks, cloud, and cybersecurity with Tech Mahindra's integration expertise and agile delivery capabilities, including outsourcing of customer support and operational functions outside France.
17Feb 26
Tech Mahindra Allots 36,646 Equity Shares Under Employee Stock Option Plans
Tech Mahindra Limited completed the allotment of 36,646 equity shares on February 17, 2026, under two employee stock option schemes - 23,729 shares under ESOP-2014 and 12,917 shares under ESOP-2018. The shares, with a par value of ₹ 5/- each, were issued at an exercise price of ₹ 5 with no premium. Post-allotment, the company's total issued shares stand at 97,97,79,691 with total issued share capital of ₹ 4,89,88,98,455. The newly issued shares carry no lock-in restrictions and rank pari passu with existing equity shares.
04Feb 26
Tech Mahindra schedules investor interactions for February 10-11, 2026 at Mumbai conferences
Tech Mahindra has scheduled investor interactions for February 10-11, 2026, participating in the Nuvama India Conference 2026 and Axis Capital's Flagship India Conference, both in Mumbai. The sessions will include group meetings and one-on-one interactions with analysts, investors, and funds, conducted in physical mode starting at 10.00 a.m. IST on respective days. The company has confirmed compliance with regulatory requirements, stating no unpublished price sensitive information will be shared during these interactions.
20Jan 26
Tech Mahindra Reports Strong Q3FY26 Results with Record Deal Bookings and Margin Expansion
Tech Mahindra reported strong Q3FY26 results with revenue of $1,610 million (up 2.7% YoY) and operating margins expanding 290 bps to 13.1%. The company achieved record deal bookings of $1,096 million, including a strategic $500 million European telecom engagement. Communications vertical grew 4.7% YoY while manufacturing and retail segments delivered 11.7% YoY growth each, positioning the company well for its FY27 strategic objectives.
19Jan 26
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.
16Jan 26
Tech Mahindra Concludes Q3FY26 Earnings Conference Call with Audio Recording Available
Tech Mahindra successfully completed its quarterly earnings conference call for Q3FY26 results on January 16, 2026, with the session running from 6:00 PM to 7:00 PM IST. The company has made the complete audio recording and investor presentation available on its website while maintaining regulatory compliance by ensuring no unpublished price sensitive information was disclosed during the analyst interaction.
26Dec 25
Tech Mahindra's Wholly-Owned Subsidiary MEI Ceases Operations Following Equity Dilution
Tech Mahindra's wholly-owned subsidiary Mahindra Educational Institutions ceased operations on December 26, 2025, after its shareholding was diluted from 100% to 0.6% following Mahindra Knowledge Trust's acquisition of 16,50,000 equity shares worth ₹1.65 crores through private placement. MEI, incorporated under Section 25 of the Companies Act with zero turnover but ₹418.83 crores net worth, transitioned from a wholly-owned subsidiary to an independent educational institution under charitable trust management.
23Dec 25
Tech Mahindra Boosts Africa Strategy with Uganda Subsidiary Incorporation
Tech Mahindra has strategically expanded its African operations by incorporating Yabx Technologies Uganda Limited through its multi-tier subsidiary structure. The new entity, established with UGX 1,700,000 share capital, will focus on providing software and analytics platform services to banks and financial institutions in Uganda, reinforcing the company's commitment to emerging market growth.
22Dec 25
Tech Mahindra Gets Updated ESG Rating, Share Transfer Window & Pininfarina Deal
Tech Mahindra has received an updated ESG rating of 80 from ESGRisk.ai, improving from its previous rating of 74, reflecting better environmental, social, and governance performance. The company also maintains its special six-month window for physical share transfer re-lodgement and has issued a €67.67 million guarantee for its subsidiary Pininfarina's supply agreement with Rolls-Royce.
19Dec 25
Tech Mahindra Receives ₹1,287.44 Crore PF Order, No Material Financial Impact Expected
Tech Mahindra has received a ₹1,287.44 crore order from the Regional Provident Fund Commissioner for alleged non-remittance of PF contributions covering May 2014 to March 2016, comprising ₹566.78 crores in contributions and ₹720.66 crores in interest. The company plans to file an appeal and maintains that no material financial impact is expected from this order.
15Dec 25
Tech Mahindra Forms Chess Events Subsidiary Chessworks Private Limited
Tech Mahindra has incorporated a new wholly-owned step-down subsidiary, Chessworks Private Limited (CWPL), through its existing subsidiary Allyis India Private Limited (AIPL). CWPL, incorporated on December 14, 2025, with an authorized and paid-up share capital of ₹1.00 lakh, aims to organize and promote chess events and leagues globally. The subsidiary will manage chess-related events, develop intellectual property, digital platforms, and educational programs in collaboration with various stakeholders.
11Dec 25
Tech Mahindra Allocates 60,706 Equity Shares Under Employee Stock Option Plans
Tech Mahindra has allocated 60,706 equity shares to employees under its ESOP plans, comprising 20,386 shares from ESOP-2014 and 40,320 shares from ESOP-2018. The allotment includes shares at different price points, with the majority priced at ₹5.00 and 5,000 shares at ₹324.00, bringing the company's total issued shares to 97,97,21,333.
10Dec 25
Tech Mahindra Incorporates Step-Down Subsidiary in Tanzania for Software Services Expansion
Tech Mahindra Limited has incorporated Yabx Technologies Tanzania Limited as a step-down subsidiary in Tanzania on December 10, 2025, with a share capital of TZS 2,419,000. The subsidiary, owned through Yabx Technologies (Netherlands) B.V., will provide software and analytics platform services to banks and financial institutions in Tanzania. This incorporation aligns with Tech Mahindra's expansion strategy in emerging markets and does not constitute a related party transaction for the parent company.
05Dec 25
Tech Mahindra Expands African Presence with New Rwandan Subsidiary
Tech Mahindra's subsidiary, Yabx Technologies (Netherlands) B.V., has incorporated a new step-down subsidiary in Rwanda named Yabx Technologies Rwanda Limited. The new entity, with a share capital of Frw 7,25,000, aims to provide software and analytics platform services to banks, micro-financial institutions, and lenders in Rwanda. This move strengthens Tech Mahindra's presence in the African market and expands its financial technology services portfolio.
24Nov 25
Tech Mahindra Witnesses Massive Rs. 334.64 Crore Block Trade on NSE
Tech Mahindra experienced significant block trades on the National Stock Exchange. The largest trade involved 2,335,071 shares at Rs. 1,433.10 per share, totaling Rs. 334.64 crores. Another block trade of 353,284 shares at Rs. 1,508.10 per share, valued at Rs. 53.28 crores, was also reported. These trades indicate substantial institutional or bulk investor activity in Tech Mahindra's stock.
20Nov 25
Tech Mahindra Unveils Ambitious Turnaround Strategy at Mahindra Group Investor Day
Tech Mahindra presented a turnaround strategy at the Mahindra Group Investor Day in Mumbai. The plan focuses on AI initiatives, operational improvements, and organizational transformation strategies. The company aims to achieve above-average growth rates in the IT services sector, with strategy implementation targeted for completion by FY27.
17Oct 25
Tech Mahindra Reports Robust Q2 FY26 Performance with 1.6% Sequential Growth and Margin Expansion
Tech Mahindra reported robust Q2 FY26 financial results, with revenue reaching $1,586.00 million, a 1.6% QoQ growth in constant currency. EBIT margin improved to 12.1%, marking the 8th consecutive quarter of expansion. Net new deal wins increased by 57% to $816.00 million on an LTM basis. The company saw growth across manufacturing, BFSI, and retail sectors. High-value client contributions exceeded $1 billion, with 21 new must-have accounts added. Tech Mahindra launched TechM Orion, an agentic AI platform, and was recognized as a leader in Gartner's Gen AI Consulting services quadrant. The Board recommended a dividend of Rs. 15.00 per share.
15Oct 25
Tech Mahindra Reports Strong Q2 FY26 Results: EBIT Up 32.7% YoY, New Deal Wins at $816 Million
Tech Mahindra announced robust Q2 FY26 financial results, with revenue up 5.1% YoY to ₹13,995.00 crores and EBIT up 32.7% YoY to ₹1,699.00 crores. The company saw significant improvements in EBIT margin and new deal wins. Tech Mahindra has made strides in AI adoption, launching TechM Orion and TechM Orion Marketplace. Strategic partnerships with NVIDIA, AMD, and J.P. Morgan Payments were formed to enhance AI and cloud capabilities. The company declared an interim dividend of ₹15.00 per share.
14Oct 25
Tech Mahindra Reports Eight Consecutive Quarters of Margin Growth and 57% Jump in Contract Value
Tech Mahindra announced Q2 FY24 results, showing revenue growth of 5.1% YoY to ₹13,995 crores. EBIT increased 32.7% YoY to ₹1,699 crores, with EBIT margin at 12.1%. The company secured new deals worth $816 million, up 35% YoY. Tech Mahindra launched AI platform TechM Orion and trained over 79,000 employees in AI. Despite challenges in the U.S. market, the company saw growth in Europe and other markets. An interim dividend of ₹15 per share was declared.
14Oct 25
Tech Mahindra Reports Strong Q2 FY26 Results with 32.7% YoY EBIT Growth and Significant Sector-Wide Revenue Increase
Tech Mahindra announced its Q2 FY26 financial results, showing robust growth. The company reported a consolidated net profit of ₹11.95 billion, up 4.7% quarter-on-quarter, and revenue of ₹139.95 billion, a 4.8% increase. EBIT grew by 15.0% QoQ to ₹16.99 billion, with EBIT margin improving to 12.1%. The company saw growth across IT services and Business Process Services segments, with strong performance in manufacturing, BFSI, and healthcare sectors. New deal wins totaled $816 million, up 35% year-on-year. Tech Mahindra also launched AI initiatives including TechM Orion platform and marketplace, and declared an interim dividend of ₹15 per equity share.
14Oct 25
Tech Mahindra Reports Strong Q2 FY26 Results: EBIT Up 32.7% YoY, Declares ₹15 Interim Dividend
Tech Mahindra announced robust Q2 FY26 financial results with revenue reaching ₹13,995.00 crore, up 5.1% year-on-year. EBIT grew by 32.7% to ₹1,699.00 crore, with EBIT margin expanding to 12.1%. PAT increased by 4.7% to ₹1,195.00 crore. The company declared an interim dividend of ₹15.00 per share. New deal wins totaled $816 million, up 35% year-on-year. Tech Mahindra launched TechM Orion, a next-generation AI platform, and formed strategic partnerships with NVIDIA, AMD, and J.P. Morgan Payments to enhance its service offerings.
03Oct 25
Tech Mahindra Partners with Abacus Insights to Boost U.S. Healthcare Payer Compliance
Tech Mahindra and Abacus Insights have formed a strategic partnership to enhance compliance capabilities for U.S. healthcare payers, focusing on CMS interoperability compliance. The collaboration aims to strengthen the compliance framework in the healthcare sector, leveraging Tech Mahindra's digital transformation expertise and Abacus Insights' healthcare technology knowledge. This partnership is expected to help healthcare payers navigate complex regulatory landscapes, reduce non-compliance risks, improve data sharing, and enhance operational efficiency.
25Sept 25
Tech Mahindra Teams Up with AMD to Develop Hybrid Multi-Cloud Solutions
Tech Mahindra and Advanced Micro Devices (AMD) have formed a strategic partnership to develop hybrid multi-cloud solutions for global businesses. The collaboration aims to create flexible and efficient cloud-based offerings by combining Tech Mahindra's digital transformation expertise with AMD's advanced processing technologies. This partnership is expected to enhance cloud infrastructure management, improve application performance, and expand both companies' global reach in the enterprise cloud market.
23Sept 25
Tech Mahindra's UK Subsidiary Divests 26.42% Stake in Surance Limited for $1
Tech Mahindra's subsidiary, Tech Mahindra London Limited, has sold its 26.42% stake in Surance Limited for $1.00. The transaction, executed on September 23rd, 2025, will result in Surance Limited and its subsidiary Surance US Holdings Inc. no longer being associate companies of Tech Mahindra. The buyer, an existing shareholder with a 60.73% stake, is not related to Tech Mahindra's promoter group. Surance Limited reported nil revenue and nil net worth for the financial year ended March 31st, 2025, suggesting minimal financial impact on Tech Mahindra. The divestment is expected to be completed by September 30th, 2025.
16Sept 25
LIC Boosts Stake in Tech Mahindra to 10.84% Through Market Purchases
Life Insurance Corporation of India (LIC) has raised its stake in Tech Mahindra to 10.84% through open market transactions. This move highlights LIC's growing interest in the technology sector. Tech Mahindra, a leading IT services provider, has also announced a special six-month window for re-lodgement of transfer requests for physical shares, facilitating conversion to electronic format.
08Sept 25
Tech Mahindra Announces Voluntary Liquidation of Subsidiary CTDEV LLC
Tech Mahindra has announced the voluntary liquidation of its wholly-owned step-down subsidiary, CTDEV LLC, effective September 4. The liquidation, officially intimated on September 8, is part of Tech Mahindra's efforts to streamline operations. CTDEV LLC was non-operational with nil turnover and a net worth of ₹0.16 crore, having no material impact on Tech Mahindra's consolidated financials. This move complies with SEBI regulations and aligns with the company's strategy to optimize its corporate structure.
05Sept 25
Tech Mahindra to Merge Four Wholly-Owned Subsidiaries, Amends ESOP Schemes
Tech Mahindra's Board has approved a merger scheme to consolidate four wholly-owned subsidiaries into the parent company, effective April 1, 2024, subject to NCLT approval. The subsidiaries being merged are Perigord Premedia (India) Private Limited, Perigord Data Solutions (India) Private Limited, Tech Mahindra Cerium Private Limited, and Thirdware Solution Limited. The merger aims to consolidate operations, achieve economies of scale, reduce costs, and enhance efficiency. The four subsidiaries collectively contributed Rs 736.16 crores to revenue in FY 2023, compared to Tech Mahindra's Rs 42,657.30 crores. Additionally, the Board approved amendments to ESOP 2014 and ESOP 2018, subject to shareholder approval via postal ballot.
20Aug 25
Tech Mahindra Expands Middle East Presence with New Saudi Arabian Subsidiary
Tech Mahindra has incorporated a new wholly-owned subsidiary, Tech Mahindra Regional Headquarters Company (TechM RHQ), in Saudi Arabia on August 14, 2025. The subsidiary, with an authorized share capital of 100,000 Saudi Arabian Riyals, aims to support and manage Tech Mahindra's operations in Bahrain and Egypt. This strategic move strengthens the company's presence in the Middle East IT services market. Tech Mahindra has fully subscribed to the subsidiary's shares, making it a related party.
15Aug 25
Tech Mahindra's Pininfarina Expands Presence in Consumer Channel with Increased Stake in Signature S.r.l
Pininfarina S.p.A., a step-down subsidiary of Tech Mahindra, has increased its stake in Italian stationery company Signature S.r.l from 24% to 84%. The acquisition, valued at EUR 134,375.00, was completed on August 14, 2025. Signature S.r.l, with a turnover of EUR 2.90 million in 2024-25, is now a subsidiary of Pininfarina and a step-down subsidiary of Tech Mahindra. This move aims to strengthen Pininfarina's presence in the consumer channel and enhance its brand. The transaction is classified as a related party transaction conducted on an arm's length basis.
13Aug 25
Mahindra Eyes UK EV Exports, Targets 30% EV Sales by 2030
Tech Mahindra announces plans to export electric vehicles to the UK, leveraging the India-UK free trade agreement. The company aims for EVs to constitute 30% of its overall sales by 2030. Tech Mahindra operates a design center in Banbury, UK, which will play a key role in tailoring vehicles for the UK market. The company welcomes competition from global EV players and has seen significant growth in its SUV market share, increasing from 11% to 27%. Tech Mahindra is addressing supply chain challenges in the EV sector and sees potential in India as a global automobile manufacturing hub.
22Jul 25
Tech Mahindra Reports Seventh Consecutive Quarter of Margin Expansion in Q1 FY26
Tech Mahindra's Q1 FY2026 results show resilience with 0.40% YoY revenue growth to $1,564.00 million. EBIT margin improved to 11.10%, and PAT increased by 30.00% to $133.00 million. TCV for the quarter was $809.00 million, up 44.00% YoY. The company added 2 clients in the $50.00 million bucket and 15 new must-have accounts. Despite challenges in some verticals and regions, Tech Mahindra continues to focus on margin improvement and strategic client acquisitions.
18Jul 25
Tech Mahindra Stock Dips 2.7% on Q1 Earnings Miss, Analysts Divided on Outlook
Tech Mahindra's stock price fell 2.7% following the release of Q1 financial results that fell short of market expectations. JP Morgan rated the stock as 'neutral' with a target price of ₹1,550.00. Despite disappointing results, management projects revenue growth for FY27 to be above industry peers and expects performance improvement from the next quarter. The company recently held its 38th AGM, passing all eight proposed resolutions, including adoption of financial statements, dividend declaration, and approval of a new Performance Share Plan for 2025.
17Jul 25
Tech Mahindra Reports 34% YoY Profit Growth in Q1, Driven by Strong Deal Wins
Tech Mahindra announced strong Q1 financial results with a 34% year-over-year increase in consolidated profit after tax to ₹11,406.00 million. Revenue from operations grew 2.7% to ₹133,512.00 million. The company saw significant improvements in EBIT and margins. New deal wins reached $809.00 million, up 51% year-over-year. IT services segment grew 0.7% quarter-on-quarter, while BPS segment grew 2.9%. The company's strategic initiatives include partnerships in AI and cloud technologies with Cisco, Red Hat, ServiceNow, and CrateDB.
17Jul 25
Tech Mahindra Reports 34% YoY Profit Growth in Q1, EBIT Margins Expand by 260 bps
Tech Mahindra announced robust Q1 financial results, with revenue reaching ₹13,351.00 crores (up 2.7% YoY) and PAT growing 34% YoY to ₹1,141.00 crores. EBIT increased by 34% YoY to ₹1,477.00 crores, with margins expanding by 260 basis points. The company reported new deal wins with a TCV of $809 million, up 51% YoY. Tech Mahindra's IT services segment grew 0.7% QoQ, while BPS segment increased 2.9% QoQ. The company has shown progress in AI capabilities, with 77,000 employees trained in AI and Gen AI.
17Jul 25
Tech Mahindra Reports 34% YoY Profit Growth, Focuses on AI Innovation
Tech Mahindra reported a 34% year-on-year increase in consolidated profit after tax, reaching ₹1,141.00 crores. Revenue grew by 2.7% to ₹13,351.00 crores. EBIT rose 34% to ₹1,477.00 crores, with an EBIT margin of 11.1%. The company secured new deals worth $809 million, a 51% YoY growth. Tech Mahindra is focusing on AI innovation, developing 200+ enterprise-grade AI agents and launching VerifAI. The company maintained seven consecutive quarters of margin expansion and reported an IT services LTM attrition rate of 12.6%.
17Jul 25
Tech Mahindra Reports 34% YoY Profit Growth in Q1, Sees Strong Deal Momentum
Tech Mahindra reported a consolidated profit after tax of ₹11,406.00 crore for Q1, a 34% year-on-year increase. Revenue reached ₹13,351.00 crore, up 2.7% from last year. EBIT improved to ₹1,477.00 crore, a 34% increase, with EBIT margin expanding to 11.1%. The company secured new deals with a Total Contract Value of $809.00 million, representing 51% year-on-year growth. IT services revenue grew 0.7% quarter-on-quarter, while Business Process Services increased by 2.9%. Tech Mahindra has developed over 200 enterprise-grade AI agents and continues to focus on AI and innovation.
17Jul 25
Tech Mahindra: Q1 Profit Rises 34% YoY, Misses Estimates
Tech Mahindra announced Q1 financial results with a 34% YoY increase in net profit to ₹1,141.00 crores, despite falling short of estimates. Revenue grew by 2.7% YoY to ₹13,351.00 crores. The company secured new deals worth $809 million, a 51% YoY growth. IT Services revenue grew 0.7% QoQ, while BPS revenue increased by 2.9% QoQ. Total headcount rose to 148,517, but IT headcount decreased by 622 QoQ. The company targets 15% margins by FY27 and expects growth improvement from Q2 onwards. Tech Mahindra continues to expand partnerships and launch new offerings in AI and cloud services.
16Jul 25
Tech Mahindra Reports Strong Q1 FY26 Results: EBIT Up 34% YoY, Deal Wins Surge 51%
Tech Mahindra announced its Q1 FY26 financial results, showing significant growth. Revenue increased by 2.7% YoY to ₹13,351.00 crores, while EBIT and Profit After Tax both grew by 34% YoY. The company reported a substantial 51% YoY increase in new deal wins, with Total Contract Value reaching $809.00 million. Tech Mahindra's focus on AI and innovation is evident, with 200+ enterprise-grade AI agents developed and over 77,000 employees trained in AI and Gen AI. The company's strategic partnerships and initiatives in cloud technologies and AI position it well for future growth.
16Jul 25
Tech Mahindra Reports 34% YoY Profit Growth in Q1, Secures $809 Million in New Deals
Tech Mahindra announced its Q1 FY2024 results, reporting a 34% YoY increase in profit after tax to ₹1,141 crores ($133 million). Revenue grew by 2.7% YoY to ₹13,351 crores ($1,564 million). The company secured new deals with a Total Contract Value of $809 million, representing 51% YoY growth. EBIT margin improved by 260 basis points YoY to 11.1%. Tech Mahindra also highlighted its progress in AI integration, developing 200+ enterprise-grade AI agents and training over 77,000 employees in AI and Gen AI.
16Jul 25
Tech Mahindra: Q1 Profit Rises 34% YoY, Misses Estimates; Attrition Rate Increases
Tech Mahindra announced Q1 financial results with revenue of ₹13,351.00 crores, up 2.7% YoY, and PAT of ₹1,141.00 crores, up 34% YoY but below estimates. EBIT grew 34% to ₹1,477.00 crores with margin expansion of 260 bps. New deal wins reached $809 million, up 51% YoY. The company added 897 employees, bringing total headcount to 148,517, with attrition rising to 12.8%. Tech Mahindra launched new partnerships and services in cloud security and AI solutions.
15Jul 25
Tech Mahindra Anticipates 42% YoY PAT Growth in Q1 Despite Revenue Headwinds
Tech Mahindra anticipates a 42% year-on-year increase in Profit After Tax for Q1, despite projecting a 0.5-1% quarter-on-quarter decline in constant currency revenue. The revenue dip is attributed to weakness in the hi-tech vertical and seasonal softness in the BPO segment. However, the company expects to secure deals worth approximately $750 million, showing improved business momentum. Margin improvement is anticipated due to benefits from Project Fortius and Rupee depreciation.
14Jul 25
Tech Mahindra Q1 Preview: Flat Revenue Expected, Margin Improvement Anticipated
Tech Mahindra is set to announce Q1 results with analysts projecting flat revenue growth around Rs 13,422.00 crore due to weakness in telecom and manufacturing verticals. However, profitability is expected to improve with EBIT projected to rise 5% to Rs 1,480.00 crore and EBIT margin to 11.02%. Cost-efficiency measures may offset revenue stagnation impacts. Full-year guidance is likely to remain cautious amid macroeconomic uncertainties.
03Jun 25
Tech Mahindra Forges Partnership with Dutch Firm Hanab for IT Modernization
Tech Mahindra has formed a strategic partnership with Hanab, a Netherlands-based company, to drive IT modernization initiatives. The collaboration aims to leverage Tech Mahindra's digital transformation expertise and potentially expand its presence in the European market. The partnership will focus on IT modernization, European market expansion, and collaborative innovation. While specific details are yet to be disclosed, the alliance could lead to enhanced service offerings, knowledge exchange, and increased market reach for both companies.
02May 25
Tech Mahindra Acquires Mahindra Racing UK for ₹135 Crore
Tech Mahindra's London subsidiary will acquire a 100% stake in Mahindra Racing UK Limited (MRUK) for ₹135 crore, to be completed by June 30, 2025. This strategic move aims to accelerate Tech Mahindra's presence in automotive and racing technology, particularly in Formula Electric World Championship Racing. MRUK has shown strong financial performance with revenues of ₹357.56 crore in FY 2024-25. The acquisition, while a related party transaction, is conducted on an arm's length basis.
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