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Tech Mahindra LimitedOthers, 28-05-2025: ESOP/ESOS/ESPS

28-05-2025 | 03:11 pm

Tech Mahindra has announced a board meeting for the allotment of 74,050 fully paid equity shares of ₹5 each, issued on exercise of employee stock options under ESOP-2014 and ESOP-2018 plans. This increases the total shares outstanding to 97.91 crore, with a paid-up capital of ₹489.57 crore. The share issuance supports the company’s employee incentive program, aligning employee interests with shareholders and enhancing retention efforts.

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