Tech Mahindra, publicly owned and headquartered in India, was founded in 1986 and employs approximately 161,740 individuals. The company operates as an Indian multinational IT services and consulting firm, specializing in providing IT services and consulting solutions.

Revenue

Founded

1986

Headcount

161,740

Headquarters

India

Primary Segment

IT Services and IT Consulting

Ownership

Publicly Owned

Deployments

6

News Summary:

On May 1, 2026, Tech Mahindra announced the procedure for adjustment of Futures and Options contracts in its security, TECHM, following a dividend corporate action. The company declared a dividend amount of Rs 36/- per share with a face value of Rs 5/-, with an ex-date and effective date of July 3, 2026. Previously on May 1, Tech Mahindra acquired Canada-based Avant Techno Solutions, expanding its reach in payments modernization and wealth platforms. This acquisition adds sector expertise in banking, financial services, and insurance (BFSI), particularly in areas like real-time payment systems, ISO 20022 migration, and wealth management platforms. Earlier on May 1, the company allotted 112,907 equity shares through the exercise of employee stock options under two established schemes, with its Securities Allotment Committee approving the allotment.

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Tech Mahindra offers 3 products in the media tech and telecoms tech industries. Tech Mahindra's product portfolio comprises of sports tech and telecoms network infrastructure.
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Tech Mahindra's customers primarily consist of telecoms and insurance companies. Examples of Tech Mahindra's customers include O2 (Telefonica UK), Sunrise and Allianz Indonesia. Tech Mahindra has commercial and technical partners like Hanab Installation Technology, Proximus and Palo Alto Networks. Examples of Tech Mahindra's suppliers include SAP, Google and IBM.

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