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MoneyWorks4Me

Tech Mahindra gets nod to acquire stake in Born Group

05 Nov 2019 Evaluate

Tech Mahindra has received approval from its board of directors to acquire 100% stake in Born Group directly and indirectly through its wholly owned subsidiary viz. Tech Mahindra (Singapore). Tech Mahindra (Singapore) will acquire the Indian subsidiary of Born Group -- Born Commerce and all the other legal entities of Born Group.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.



Peers
Company Name CMP
TCS 2435.00
Infosys 1127.10
HCL Technologies 1405.00
Wipro 193.75
Tech Mahindra 1781.70
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