Tech Mahindra buys UK's BIO Agency in all-cash deal
Tech Mahindra acquires BIO for an enterprise value of up to 45 million in a move that will augment the IT firm's digital services portfolio22-06-2016
22-06-2016
Acquisition of a UK Company - Tech Mahindra acquires leading Digital Change Agents: The BIO Agency
Tech Mahindra Ltd has informed BSE that the Investment Committee of Board of Directors of the Company on June 21, 2016 approved the proposal to acquire Bio Agency Limited, a UK based entity.In this regard, the Company has issued a Press Release dated June 21, 2016 titled "Tech Mahindra acquires leading Digital Change Agents: The BIO Agency".22-06-2016
Tech Mahindra to continue scouting for acquisitions: MD and CEO, CP Gurnani
Gurnani, who is also the chairman for IT industry body Nasscom, said despite several geopolitical and economic challenges, Brexit could ultimately mean be business as usual for India and TechM.16-06-2016
Circular resolution of Securities Allotment Committee
Tech Mahindra Ltd has informed BSE about the resolution passed by the Securities Allotment Committee of the Board of Directors of the Company on June 09, 2016 for issue and allotment of a total of 288944 equity shares of Rs. 5/- each of the Company to the applicants, as under: 52640 equity shares, on exercise of stock options under ESOP 2000....09-06-2016
Market: What to buy, sell and hold
Angel Broking has its buy rating on Tech Mahindra with a target price of Rs 700 citing the management remains confident of reverting to the profitability.06-06-2016
Clarifies on News Item
With respect to news flash appearing on CNBC TV18 on June 02, 2016 titled "Gets $75 m , 5 year contract as prime Integrator for Sysmod project", Tech Mahindra Ltd has submitted to BSE a copy of Clarification is enclosed.03-06-2016
Clarification sought from Tech Mahindra Ltd
The Exchange has sought clarification from Tech Mahindra Ltd with respect to news flash appearing on CNBC TV18 on June 02, 2016 titled "Gets $75 m , 5 year contract as prime Integrator for Sysmod project"The reply is awaited.02-06-2016
Tech Mahindra signs $75 mn contract with Nevada's Dept of Motor Vehicles
The IT company has selected as Nevada's prime system intregator in the five-year contract02-06-2016
Updates
With reference to the earlier letter dated December 14, 2015 regarding acquisition of 76.06% stake in the target entity Pininfarina, through the SPV formed by the Company and M&M; Ltd, Tech Mahindra Ltd has now informed BSE that the acquisition transaction is closed.31-05-2016
Tech Mahindra gains on board nod to acquire Target Group
The board has approved the proposal to acquire Target TOPCO Ltd, a UK-based entity30-05-2016