Tech Mahindra gets nod for its two subsdiaries merger

Subscribe to Oneindia News

New Delhi, Oct 19 (UNI) Tech Mahindra today said the Board of Directors has approved merger of its wholly-owned subsidiaries -- Tech Mahindra (R&D Services) Ltd and iPolicy Networks Ltd -- with the parent company.

The board has issued and allotted 3,580 equity shares of Rs 10 each on exercise of stock options, a company statement said.

Tech Mahindra, set up in 1986, provides end-to-end IT services and solutions to the telecom industry.

UNI

Please Wait while comments are loading...