Tech Mahindra Completes Allotment of 26,848 Equity Shares Via Employee Stock Options
Tech Mahindra Ltd has completed the allotment of 26,848 equity shares, fully paid at a face value of ₹5 each, resulting from the exercise of employee stock options. The allotment was approved by the company's Securities Allotment Committee on July 21, 2026.The total allocation is derived from two primary schemes: the Employee Stock Option Plan - 2014 (ESOP 2014) and the Employee Stock Option Scheme - 2018 (ESOP 2018).
Detailed components of the allotment include:
- 21,348 equity shares allotted on July 21, 2026, which were fully paid at an issue price equal to the face value of ₹5.
- 5,500 equity shares allotted on July 21, 2026, these shares having a premium per share of ₹319.
The breakdown of the allotment is presented below:
| Allotment Date | Number of Shares Allotted | Issue Price (in Rs.) | Face Value (in Rs.) | Premium per Share (in Rs.) |
|---|---|---|---|---|
| 21 July 2026 | 21,348 | 5.00 | 5.00 | - |
| 21 July 2026 | 5,500 | 324.00 | 5.00 | 319.00 |
| TOTAL | 26,848 |
Following this issuance, the total issued shares of Tech Mahindra Ltd reached 98,00,84,806. The corresponding total issued share capital has been recorded at ₹ 4 ,90,04,24,030.
TECHM Stock Price Movement
Shares of Tech Mahindra Limited are edging higher at ₹1579.90 as of 1:14 PM, gaining 0.22% in live trading, or an absolute gain of ₹3.50. The stock is demonstrating steady activity during this session, with nearly two million shares changing hands.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.