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Tech Mahindra announces Q1 results

Tech Mahindra Ltd has announced the following Audited results for the quarter ended June 30, 2008:

The Company has posted a profit after tax of Rs 2543.60 million for the quarter ended June 30, 2008 as compared to Rs 1719.00 million for the quarter ended June 30, 2007. Total Income has increased from Rs 8525.80 million […]

Tech Mahindra - Outcome of Board Meeting

Tech Mahindra Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 21, 2008, inter alia, has issued and allotted a total of 70,245 equity shares of Rs 10/- of the Company, on exercise of stock options as under:
- 8,900 equity shares, on exercise of stock options […]

Tech Mahindra - Q1 results on Jul 21, 2008

Tech Mahindra Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 21, 2008, inter alia, to transact the following:
1. Consider the audited financial results of the Company for the first quarter ended June 30, 2008 (Q1).
2. Take on record audited consolidated financial results of […]

Tech Mahindra - Outcome of Compensation Committee Meeting

Tech Mahindra Ltd has informed BSE that the resolution passed by the Compensation Committee of the Board of Directors of the Company at its meeting held on May 19, 2008, for grant of 61,000 stock options (covering 61,000 equity shares of the Company) at an exercise price of Rs 957 per share {being the latest […]

Tech Mahindra announces Consolidated Q4 & FY 08 results

Tech Mahindra Ltd has announced the following Audited Consolidated results for the quarter & year ended March 31, 2008:
The consolidated results for the Quarter ended March 31, 2008
The Group has posted a loss after tax, minority interest of Rs 2214 million for the quarter ended March 31, 2008 as compared to loss after tax, minority […]

Tech Mahindra announces Q4 & FY 08 results

Tech Mahindra Ltd has announced the following Audited results for the quarter & year ended March 31, 2008:
The results for the Quarter ended March 31, 2008
The Company has posted a loss available for appropriation of Rs 2070 million for the quarter ended March 31, 2008 as compared to loss available for appropriation of Rs 3215 […]

Tech Mahindra clarifies on news item

With reference to the news item appearing in a leading financial daily titled “Tech Mahindra bags $ 700m deal from BT”, Tech Mahindra Ltd has clarified to BSE that the Company often in discussions / negotiations with multiple customers / prospects to secure business. The Company is currently in exclusive discussions with BT to secure […]

Tech Mahindra - Allotment of equity shares

Tech Mahindra Ltd has informed BSE that the resolution passed by the Share Allotment Committee of the Board of Directors of the Company held on May 15, 2008 for issue and allotment of a total of 81,340 equity shares of Rs 10/- each of the Company to various applicants, as under:
1. 13,610 equity shares, on […]

Tech Mahindra - FY 08 results on May 19, 2008

Tech Mahindra Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 19, 2008, to consider the following:
1. The audited financial results of the Company for the fourth quarter and year ending March 31, 2008.
2. The audited consolidated financial results of the Company and its […]

Tech Mahindra - Updates on Scheme of Amalgamation

Tech Mahindra Ltd has informed BSE that the Hon’ble High Court of Bombay, the Hon’ble High Court of Karnataka and the Hon’ble High Court of Delhi, at the hearing held on March 28, 2008, April 03, 2008 and April 04, 2008 respectively have approved the Scheme of Amalgamation between iPolicy Networks Ltd and Tech Mahindra […]