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Tech Mahindra acquisition announcements

Every Tech Mahindra acquisition announcement on NSE and BSE, newest first, each with its own page.

Time

2 announcements with these filters

21:03 IST NSE
AcquisitionTech Mahindra Ltd TECHM

Tech Mahindra Acquisition Worth ₹194.3 Cr

Tech Mahindra's subsidiary is acquiring an 85% stake in Alluri Technologies Inc. ('Avant') for ₹194.32 Crore. Avant specializes in payments modernization and BFSI services across North America. The acquisition, expected to conclude by July 2026, will significantly enhance Tech Mahindra's service capabilities and industry expertise within the BFSI vertical.

Value
₹194.3 Cr
21:00 IST BSE
AcquisitionTech Mahindra Ltd TECHM

Tech Mahindra Acquisition Worth ₹193.2 Cr

Tech Mahindra is acquiring 100% of Canada-based Alluri Technologies Inc. ('Avant') in tranches. The initial 85% stake is being acquired for CAD 28 million (₹193.2 Crore) to strengthen its BFSI vertical capabilities. Avant specializes in payments modernization and wealth platforms, reporting a turnover of ₹406.96 Crore in CY25.

Value
₹193.2 Cr
Execution
First closing (85%) by 31st July 2026; balance 15% by 30th June 2029