Tech Mahindra Ltd.

Foreign institutional investors (FIIs) have bought additional stake in Tech Mahindra through open market purchase. First State Investment Management (UK) on its own behalf and First State Investments International have bought 240,631 shares representing 0.1% stake in the company via open market on August 21.

Post acquisition, the holdings of First State Investment Management (UK) increased to 5.03% from 4.93% earlier.

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