Tech Mahindra Limited Buy-Back Details

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.9 billion company with 121,840+ professionals across 90 countries, helping over 935 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is the highest ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the Forbes Fab 50 companies in Asia (2018).

Tech Mahindra Limited Buy-Back Details
Date of Board Meeting for Buyback Proposal	21-02-2019
Date of Buyback Approval	21-02-2019
Date Public Announcement of Buyback	21-02-2019
Buyback Type	Tender Offer
Buyback Record Date	06-03-2019
Buyback Opening Date	25-03-2019
Buyback Closing Date	05-04-2019
Buyback Amount	₹ 1956 Cr
Buyback Number of Share	2,05,85,000
Buyback Price	₹ 950 Per Share
Face Value	₹ 5
Holding Time	3 Months
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Profit acceptance Ratio Buy 210 Shares at CMP ₹ 820 [2,00,000/ 950 = 210]
Acceptance Ratio	33%	50%	75%	100%
Buy Price	₹ 820	₹ 820	₹ 820	₹ 820
Amount Invested in Buyback	₹ 1,72,200	₹ 1,72,200	₹ 1,72,200	₹ 1,72,200
No. of Shares Buy	210	210	210	210
Earning Per Share	₹ 130	₹ 130	₹ 130	₹ 130
No. of Shares Buy-Back	69	105	158	210
BuyBack Profit	₹ 9009	₹ 13650	₹ 20475	₹ 27300
Profit(%)	- %	- %	- %	- %

Tech Mahindra Limited Contact Details
Tech Mahindra Limited Gateway Building, Apollo Sunder Mumbai 400 001, India CIN L64200MH1986PLC041370 Website:- https://www.techmahindra.com

Registrar of Tech Mahindra Limited
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