-77.40 (-4.51%) Tech Mahindra has received approval to increase the limit of investment by Foreign Institutional Investors (FIIs) from the existing 45% to 48% of the paid up capital of the Company. The board at its meeting held on February 04, 2014 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. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.