Tech Mahindra allots shares to employees under stock option plans

Tech Mahindra Limited, on October 13, 2025, announced the allotment of 53,219 fully-paid equity shares, each valued at ₹5, to applicants who exercised their employee stock options. This allotment was approved by the Securities Allotment Committee of the board of directors on the same day.

The shares were distributed under two distinct employee stock option plans: 29,819 equity shares were issued under the Employee Stock Option Plan – 2014 (ESOP-2014), and an additional 23,400 equity shares were issued under the Employee Stock Option Scheme - 2018 (ESOP-2018). The company received the intimation of this share liquidation at 3:08 PM IST on October 13, 2025.

Following this issuance, the total number of issued shares for Tech Mahindra stands at 97,96,15,522, with the total issued share capital reaching ₹4,89,80,77,610. These newly allotted shares rank pari passu and are identical in all respects to the existing equity shares of the company, and are eligible for listing on both BSE Limited and the National Stock Exchange of India Limited.