Tech Mahindra to raise investment cap for FII up to 45%

12 Aug 2013

Tech Mahindra has received an approval to raise the investment cap for the Foreign Institutional Investors (FII) up to a limit of 45% of the paid-up capital of the Company subject to approval of the members of the Company.  The board at its meeting held on August 12, 2013 has approved for the same.

Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323