Tech Mahindra (TECHM) — Board Meeting

Tech Mahindra's Board approved the merger of wholly-owned subsidiary Tech Mahindra Cerium Systems Inc. (USD 2.7 million turnover) into Tech Mahindra (Americas) Inc. (USD 1,153.28 million turnover) effective February 20, 2025. The consolidation aims to reduce group entities, optimize operational costs, and lower compliance risks. No cash consideration or share issuance involved; TMCS investment will be cancelled upon merger completion.

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About Tech Mahindra Limited (TECHM)

Information Technology · IT - Software · Listed on NSE

Market Cap: ₹1,34,302.72 Cr P/E: 26.3 ROE: 10.0% ROCE: 22.1%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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