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Tech Mahindra Board to Consider Bonus Shares and Restructuring
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CNBC Awaaz•11-10-2026, 18:36
Tech Mahindra Board to Consider Bonus Shares and Restructuring
- •Tech Mahindra board will meet on October 15 and 16, 2026, to consider a proposal for bonus shares, September quarter results, and interim dividend.
- •The company announced the closure and voluntary liquidation of its Poland-based subsidiary, LCC Networks Poland, to simplify group structure.
- •The closed subsidiary had a minimal revenue of Rs 60.30 lakh in the financial year 2025-26 and zero net worth.
- •Shareholders are awaiting official updates on the bonus ratio, record date, and dividend amounts following the upcoming board meeting.
Key Questions Answered
Tech Mahindra's board meeting is scheduled for October 15 and 16, 2026, to consider a proposal for bonus shares, September quarter and half-year results, and an interim dividend proposal.
Tech Mahindra completed the voluntary winding up of its wholly-owned Polish subsidiary, LCC Networks Poland, on October 9, 2026, as part of a strategy to integrate subsidiaries and simplify its group structure.
Doubling the number of shares through a bonus does not automatically double investment value, as the share price is adjusted theoretically (for example, a one-for-one bonus halves the share price while keeping total theoretical value unchanged).
