Postal ballot seeks approval for 1:1 bonus issue and higher capital
TECHM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts less than Nifty 100 and 0.2 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Tech Mahindra is seeking shareholder approval by remote e-voting from 23 October to 21 November 2026 for two ordinary resolutions: raising authorised capital from Rs 924.30 crore to Rs 1,000 crore, and issuing one Rs 5 bonus share for every existing share. Current paid-up capital is Rs 490.10 crore across 98.02 crore shares. The record date will be set later.
If approved, each eligible holding doubles, with no added cash value. The price normally adjusts downward after the ex-bonus date, while liquidity may improve.