TECHMTech Mahindra

Tech Mahindra's board to consider a bonus share issue on 15 October

Tech Mahindra said its board will consider issuing bonus shares from accumulated reserves.

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Information technology

What happened

  • Tech Mahindra told the exchanges that its board will consider a bonus share issue, to be funded from accumulated reserves.
  • Business Upturn reported the board meeting date as 15 October.
  • The sources do not give a bonus ratio or a record date.
  • The shares closed at ₹1,533, up 0.59%.

Why it matters

Good to know: A bonus issue gives existing shareholders extra shares at no cost, paid for from the company's reserves. The board is only set to consider it.

Key facts

Event
Board to consider a bonus issue
Board meeting
15 October (per Business Upturn)
Ratio
Not stated

Read the source

This is a summary of public news about Tech Mahindra, for information only. It is not a recommendation to buy, sell or hold TECHM.

Tech Mahindra in the news before

  1. 16 OCT 2026 · EVENING · RESULTSTech Mahindra's profit rises 33% to ₹1,586 crore; board recommends 1:1 bonus shares
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