Tech Mahindra Limited — JV/Acquisition, 15-08-2025: Acquisition

Tech Mahindra's step-down subsidiary, Pininfarina, has acquired an additional 60% stake in Signature S.r.l. for Euro 134,375. This increases Pininfarina's holding in Signature to 84%, making it a subsidiary. Signature, which operates in the stationery business, strengthens Pininfarina's presence in the consumer channel and enhances its brand. With Signature's latest turnover at Euro 2.9Mn, this appears to be a focused strategic move for brand building rather than a significant financial growth driver for TechM.