Tech Mahindra Ltd approves proposal to increase stake in Tech Mahindra Arabia Ltd to 80% by acquiring additional 29% shares; Acquisition cost $11.1 million

Tech Mahindra headquarter in Mumbai city, India

Late night on Thursday 4 May, Tech Mahindra Limited (TechM) announced that it has approved a proposal to increase the stake to 80% by acquiring an additional 29% equity shares in Tech Mahindra Arabia Limited (TechM Arabia). Tech Mahindra is an Indian multinational information technology services and consulting company that enables digital transformation, consulting and … Read more