Stories
Tech Mahindra Announces 15 Rupee Interim Dividend And 1:1 Bonus Shares After 11 Years
- •Tech Mahindra declared an interim dividend of 15 rupees per share with the record date set for 23 October 2026.
- •The company announced 1:1 bonus shares, rewarding shareholders with one new share for every existing share held, after a gap of 11 years.
- •Consolidated net profit for the July-September 2026 quarter rose 32.74 percent year-on-year to 1,585.6 crore rupees.
- •Consolidated revenue from operations increased by 15.6 percent to reach 16,180.2 crore rupees.
- •Major brokerages like HSBC, Nuwama, and Motilal Oswal maintain positive ratings on the stock following the quarterly results.
Key Questions Answered
Tech Mahindra has set October 23, 2026, as the record date for its interim dividend of 15 rupees per share for the financial year 2026-27. The payment of this dividend will be distributed to eligible shareholders by November 13, 2026.
Tech Mahindra announced a bonus share issue in a 1:1 ratio, meaning shareholders will receive one new bonus share for every single existing share they hold. This corporate action marks the company's first bonus issue in 11 years, following its previous issuance in March 2015.
During the July-September 2026 quarter, Tech Mahindra reported a 32.74 percent year-on-year increase in its net consolidated profit, reaching 1,585.6 crore rupees. Meanwhile, its consolidated revenue from operations grew by 15.6 percent to total 16,180.2 crore rupees.
