Tech Mahindra Ltd

Meeting Details

• Date: 15 October 2026; time 6:00–7:05 p.m. IST.
• Type and mode: group virtual earnings conference call.
• Event: quarterly earnings conference call conducted by Tech Mahindra.
• Purpose: discuss Q2 and H1 FY27 audited results.
• Recording and presentation: audio recording and investor presentation uploaded on website.

Participants

• Key company participant: Company Secretary.
• Management representatives attended the call.

Additional Notes

• Investor Presentation uploaded to company website; referred to during call.

Corporate actions & Q2 FY27 results

• Board declares interim dividend of Rs 15 per share for FY27; record date 23 Oct 2026.
• Board recommends 1:1 bonus equity shares; increases authorized share capital to Rs 1,000 crore.
• Audited consolidated and standalone Q2 FY27 results issued; unmodified audit reports.
• Interim dividend to be paid by 13 Nov 2026.
• Group revenue: Rs 161,802 million; PAT Rs 15,856 million; Q2 EBIT USD 250 million.

Allotment under ESOP

• Allotment of 45,955 equity shares on ESOP exercise.
• Date of issue: 13 October 2026.
• Par value ₹5 per share; shares rank pari passu.
• Total issued shares after this issue: 98,02,05,040.
• Total issued share capital after this issue: ₹4,90,10,25,200.
• ISIN: INE669C01036.
• Distinctive numbers: 1000744086 to 1000790040.
• Annexure I lists 42,955 shares at ₹5 and 3,000 shares at ₹565 with ₹560 premium.
• Shares issued under ESOP 2014 and ESOP 2018.

Meeting Details

• Meeting dates: 15 and 16 October 2026; time and venue not disclosed.

Key Agenda Items

• Audited standalone and consolidated financial results for Q2 and H1 ended 30 September 2026.
• Proposal for declaration of interim dividend for FY 2026-27.
• Proposal for issue of bonus shares.
• Audited results will be considered and declared on 15 October 2026.

Other Notes

• Trading window remains closed until 17 October 2026, reopening on 18 October 2026.

Rating details

• Rating Agency: CARE Ratings Ltd. (CareEdge).
• Long Term Bank Facilities: Rs 175 crore; CARE AAA; Stable; Reaffirmed.
• Long Term / Short Term Bank Facilities: Rs 2,325 crore; CARE AAA; Stable / CARE A1+; Reaffirmed.
• Total facilities: Rs 2,500 crore.
• Outlook: Stable for the long-term rating.
• Material change: No change in rating; reaffirmed.
• Rationale: Based on FY26 and Q1 FY27 performance; rating reaffirmed.
• Surveillance: CARE may conduct annual review and adjust ratings as warranted.

Acquisition details

• Target: Tech Mahindra Limited.
• Acquirer: SBI Mutual Fund (no PACs disclosed).
• Promoter group: Not applicable.
• Stock exchanges: BSE Limited and National Stock Exchange of India Limited.
• Pre-acquisition holding: 48,884,174 shares, 4.9874%.
• Acquisition: 254,865 shares acquired, 0.0260%.
• Post-acquisition holding: 49,139,039 shares, 5.0134%.
• Mode: Market Purchase.
• Date of acquisition: 17-Sep-2026.
• Equity share capital before: Rs 4,90,07,95,425; 98,01,59,085 shares.
• Equity share capital after: Rs 4,90,07,95,425; 98,01,59,085 shares.
• Salient features: Equity shares.

Meeting Details

• Date and time: Wednesday, 23 September 2026 from 02.00 p.m. (IST).
• Type and mode: Group meeting, virtual.
• Event/organiser: Kotak Fireside Chat.
• Key participants: Company management/leadership to participate.
• Purpose: Analyst and institutional investor interaction with Tech Mahindra leadership.

Meeting Details

• 21 Sep 2026, 12:00 IST, Anand Rathi Annual Flagship Conference; Mumbai; Physical; One-on-one & Group meetings.
• 22 Sep 2026, 10:00 IST, J.P.Morgan India Conference; Mumbai; Physical; One-on-one & Group meetings.

Participants

• Company management to participate in one-on-one and group meetings with Analysts/Investors/Funds.

Purpose

• General investor interactions with Tech Mahindra leadership.