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Tech Mahindra gets nod to make additional investment in NDET

19 Jan 2026 Evaluate

Tech Mahindra has received approval for an additional investment of Rs 37.5 lakh in New Democratic Electoral Trust (NDET) (Section 8 Company) thereby increasing the shareholding of the Company in NDET from 19.83% to 49.35% of its equity share capital. Upon completion of this transaction, NDET will become an Associate of the company.

The objective of investment is to facilitate compliance with financial requirements and statutory obligations applicable to NDET. The Board of Directors of the company at their Meeting held on January 16, 2026, has approved the same.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.


Peers
Company Name CMP
TCS 2085.90
Infosys 1019.20
HCL Technologies 1256.00
Wipro 164.80
Tech Mahindra 1555.00
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