Tech Mahindra — M&A Activity 2023

Jan 12, 2023

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12[th] January, 2023

To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5[th] floor, Dalal Street, Plot No. – C/1, G Block, Mumbai – 400 001 Bandra-Kurla Complex, Bandra (E) Scrip Code : 532755 Mumbai – 400 051 NSE Symbol : TECHM

• Sub: Sanction of the Scheme of Merger by Absorption between Tech Mahindra Business Services Limited (“TMBSL”) and Born Commerce Private Limited (“Born”) with Tech Mahindra Limited (“TML”) and their respective Shareholders by Hon’ble NCLT, Mumbai and Chennai.

• Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir / Madam,

In furtherance to our earlier communication dated January 29, 2021 on the captioned subject, this is to inform you that:

• The Hon’ble National Company Law Tribunal, Mumbai Bench (NCLT Mumbai) had approved the Scheme of Merger by absorption of Tech Mahindra Business Services Limited with the Company on January 05, 2023.

• The Hon’ble National Company Law Tribunal, Chennai Bench (NCLT Chennai) has approved the Scheme of Merger by absorption of Born Commerce Private Limited with the Company on January 12, 2023.

The certified copy of the order from NCLT Mumbai and NCLT Chennai is awaited. The Scheme shall be effective upon filing of the orders of the respective NCLT with the Ministry of Corporate Affairs (MCA).

We request you to take the subject information on record.

Thanking you,

Yours Faithfully,

For Tech Mahindra Limited

Anil Mohanlal Digitally signed by Anil Mohanlal Khatri Khatri Date: 2023.01.12 18:23:06 +05'30' Anil Khatri Company Secretary

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