TECH MAHINDRA
Tech Mahindra is an Indian multinational company that provides information technology (IT) and business process outsourcing (BPO) services. A subsidiary of the Mahindra Group, the company is headquartered in Pune and has its registered office in Mumbai. Tech Mahindra Limited is a leading provider of digital transformation consulting and business re-engineering services and solutions and is a part of the USD 21 Billion Mahindra Group. Befitting its size the Mahindra Group operates in 20 key industries providing insightful and ingenious solutions that are global in their ramifications.Tech Mahindra is a USD 5.2 Billion company with over 125000 professionals across 90 countries helping 973 global customers including Fortune 500 companies.
The main services provided by Tech Mahindra are infrastructure and cloud service, data analytics, business process service, business excellence service, customer experience, intelligent automation, integrated engineering solution, network services, testing services, telecom product engineering, digital supply chain, enterprise business solution, cyber security, performance engineering, enterprise of future and artificial intelligence.
CSR INITIATIVES:
At the time of Covid-19, Tech Mahindra had taken many initiative for the welfare of society, which impacted lives across 17 states in the country. Tech Mahindra benefitted 9,05,292 people from Dry Ration Kits which were distributed to support families suffering from the financial crisis, 4,87,641 Cooked Meals were served to migrant workers, daily-wage earners and others, 305,000 people were benefitted from sanitized Community Toilets in slums of Mumbai and Pune through Flush the Virus, a project in association with UNICEF India and Triratna Prerana Mandal (TPM), 61,810 PPE Kits were distributed to the frontline workers to enhance the capacity to respond to the crisis, 55 Hospitals were supported with Medical Equipment and Consumable including ventilators and Supplies to augment the healthcare efforts of the government, 8,34,443 Masks were distributed to control the spread of infection, 1,162 Laptops & Tablets were distributed to help students continue learning and make online classes available to all students.
Their shareholding pattern consists of Promoters and Promoter Group having 35.73% of shares, Public having 11.44% shares, non promoters-non public having 0.01% shares following by FII’s having 36.14% shares and DII’s with 16.51% shares.
