Tech Mahindra (TECHM) — Board Meeting

Tech Mahindra's board approved dilution of its wholly-owned subsidiary Mahindra Educational Institutions (MEI) through a private placement of 16.5 lakh equity shares at ₹10 each to Mahindra Knowledge Trust for ₹1.65 crores. Tech Mahindra's shareholding in MEI reduced from 100% to 0.6%, causing MEI to cease being a wholly-owned subsidiary effective December 26, 2025. MEI reported zero turnover but held ₹418.83 crores net worth as of March 31, 2025.

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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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