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Tech Mahindra to Reward 7.1 Lakh Retail Shareholders with Bonus Shares, Interim Dividend
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CNBC TV18•01-10-2026, 07:58
Tech Mahindra to Reward 7.1 Lakh Retail Shareholders with Bonus Shares, Interim Dividend
- •Tech Mahindra's board will meet on October 15-16 to consider an interim dividend for FY27 and a bonus share issue.
- •The company will also declare its financial earnings for the second quarter on October 15.
- •This marks the first bonus share issue since March 2015, when Tech Mahindra issued one bonus share for every share held and split shares from ’10 to ’5 face value.
- •Tech Mahindra has a history of rewarding shareholders, including a ’1,950 crore share buyback in 2019 and consistent dividend payments, with ’36 per share paid in July being a record high.
- •As of the June quarter, 7.1 lakh small retail shareholders hold a 6.18% stake in Tech Mahindra, while Mutual Funds, LIC, and Foreign Portfolio Investors hold significant stakes.
Key Questions Answered
Tech Mahindra's board of directors is scheduled to meet on October 15 and October 16 to consider and approve the proposal for a bonus share issue, an interim dividend for the 2027 financial year, and the second-quarter financial earnings.
The last time Tech Mahindra issued bonus shares was in March 2015, when the IT services provider distributed one bonus share for every one share held, alongside splitting its shares.
As of the June quarter shareholding pattern, approximately 7.1 lakh small retail shareholders with an authorized share capital of up to ₹2 lakh held a 6.18% stake in the company.
