NCLT-ordered merger notice: Three WOS to merge into Tech Mahindra

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

TECHM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹1575.40

prior close

₹1577.00

announcement price

After-mkt

timing

Nifty 100market-0.1%+0.1% vs market

Computers - Software & Consulting peers, median of 64sector-0.3%+0.3% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty 100 and 0.3 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.1

10m

+1.5

15m

+1.9

30m

+1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0-0.1+0.1-0.3+0.3

Next day

-1.1-0.9-0.2-2.0+1.0

-0.7-1.4+0.7-2.2+1.5

-1.0-1.8+0.7-1.8+0.8

+0.0-0.8+0.8-0.2+0.2

+3.5-0.9+4.4+0.0+3.5

+5.5+0.3+5.1-0.0+5.5

15d

+4.2+1.3+2.9+1.1+3.1

+0.5+0.4+0.1-1.4+1.9

-1.3-2.9+1.6-6.3+5.0

+16.5-6.0+22.5-6.0+22.4

UpDownMarket · Nifty 100Sector · Computers - Software & Consulting peers, median of 64Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tech Mahindra is absorbing three wholly-owned subsidiaries (Zen3 Infosolutions, Tech Mahindra Enterprise Services, and Begig Private Limited) into itself via a court-approved merger scheme. The NCLT Mumbai Bench dispensed with member and creditor meetings through orders dated 12 Feb 2026 and 2 Jun 2026. Equity shareholders have 30 days from notice receipt to raise objections with the Tribunal.

Likely market impact

Internal restructuring of wholly-owned subsidiaries; no new share issuance or financial impact expected. Shareholders can object within 30 days.