Tech Mahindra — Share Issue/Capital Change 2021

Mar 11, 2021

^eTech Mahindra Limited mM) <) hh i ri ci reo) Sharda Centre, Off Karve Road

Pune 411004, Maharashtra, India

Tel. +91 20 6601 8100 Fax. +91 20 2542 4466

techmahindra.com connect@techmahindra.com

Registered Office: Gateway Building, Apollo Bunder Mumbai 400 001, India

CIN L64200MH1986PLC041370 11 March 2021

Sub: Circular resolution of Securities Allotment Committee

• 6,668 equity shares, on exercise of stock options under ESOP ²⁰¹⁰
• ; 1,40,730 equity shares, on exercise of stock options under ESOP ²⁰¹⁴
• 17,250 equity shares, on exercise of stock options under ESOP ²⁰¹⁸
• 1,392 equity shares, on exercise of stock options under TML ESOP B-2013
• ^~2,000 equity shares, on exercise of stock options under TML- RSUs

	e mM) <) hh i ri ci reo)	Tech Mahindra Limited Sharda Centre, Off Karve Road
		Tel. +91 20 6601 8100 Fax. +91 20 2542 4466
		techmahindra.com connect@techmahindra.com Registered Office: Mumbai 400 001, India
11	March 2021	CIN L64200MH1986PLC041370
Te;	BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 532755	National Stock Exchange of India Limited Exchange Plaza, 5" floor, Plot No. - C/1, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 05] NSE Symbol: TECHM
	Sub:	Circular resolution of Securities Allotment Committee
	Dear Sir,
passed	by the Securities Allotment Committee to the applicants, as under:	Pursuant to the provisions of the Listing Regulations, we wish to inform the Stock Exchange of the resolution of the Board of Directors of the Company on 11" March 2021 for issue and allotment of a total of 1,68,040 equity shares of Rs. 5/- each of the Company
	- 6,668 equity shares, on exercise of stock options under ESOP — 2010
	; 1,40,730 equity shares, on exercise of stock options under ESOP — 2014
	- 17,250 equity shares, on exercise of stock options under ESOP — 2018
	-	1,392 equity shares, on exercise of stock options under TML ESOP B-2013
	~ 2,000 equity shares, on exercise of stock options under TML- RSUs
	Regulations, 2014;	Please find below the statement pursuant to Regulation 10(c) of the SEBI (Share based Employee Be nefits)
	Company name and address of Registered Office	Tech Mahindra Limited Gateway Building, Apollo Bunder, Mumbai - 400 001, Maharashtra, India
	2 Name of the Stock Exchange on which the company's shares are listed	1. BSE Limited 2. National Stock Exchange of India Limited
	3 Filing date of the statement referred in regulation 10(b) of the SEBI (Share Based Employee Benefits) Regulations, 2014 with Stock Exchange	The appended employee stock options are approved by the stock exchanges prior to the notification of SEBI (Share Based Employee Benefits) Regulations, 2014. The subsequent approvals are only for the purpose of corporate actions.
		Statement under Regulation 10(b) for ESOP-2018 scheme was filed with BSE Limited & National Stock Exchange of India Limited on 27" February, 2019.

Tech Mahindra ett arta ln a

Pune 411004, Maharashtra, India

Registered Office: Gateway Building, Apollo Bunder Mumbai 400 001, India CIN L64200MH1986PLC041370

	Mahindra		a ett arta ln Pune 411004, Maharashtra, India
			Tel. +91 20 6601 8100 Fax. +91 20 2542 4466 techmahindra.com connect@techmahindra.com Registered Office: Gateway Building, Apollo Bunder Mumbai 400 001, India CIN L64200MH1986PLC041370
	4 Filing Number, if any	Name Scheme Reference & Approval ESOP-2010 - DCS/IPO/UZ/ESOP-1IP/83 7/2014-15	Principal of In —
		— 30.03.2015 ESOP-2014 - DCS/IPO/JS/ESOP-IP/844/2014-15 — 31.03.2015
		ESOP-2018 — DCS/IPO/PB/ESOP-IP/3595/2018-19 — 20.03.2019 TML-ESOP-B-2013 - DCS/IPO/UZ/ESOP-IP/836/ 2014-15 — 30.03.2015
		TML - RSUs - DCS/IPO/UZ/ESOP-IP/839/2014-15 — 30.03.2015
	5 Title of the Scheme pursuant to which	ESOP-2010, ESOP-2014,	TML ESOP-2018,
	shares are issued, if any	ESOP B-2013 & TML - RSUs
	6 Kind of security to be listed	Equity shares
7	Par value of the shares 8 Date of issue of shares	Rs.5/- each 11° March, 2021
	9 Number of shares issued	1,68,040
	10 Share Certificate No., if applicable	Not applicable
	11 Distinctive number of the share, if applicable	988 582 782 to 988 750 821
	12 ISIN Number of the shares if issued in Demat	INE669C01036
13_	Exercise price per share	Refer Annexure
	14 Premium per share	Refer Annexure
	15 Total Issued shares after this issue	968 165 821
	16 Total Issued share capital after this issue	Rs.4,840,829,105/-
	17 Details of any lock-in on the shares 18 Date of expiry of lock-in	Not applicable Not applicable
	19 Whether shares identical in all respects to Identical existing shares if not, when will they become identical
	20 Details of listing fees, if payable	Not Applicable

Tech Mahindra Tech Mahindra Limited

Sharda Centre, Off Karve Road Pune 411004, Maharashtra, India

techmahindra.com connect@techmahindra.com

Registered Office: Gateway Building, Apollo Bunder Mumbai 400 0071, India

CIN L64200MH1986PLC041370

Annexure I

Mahindra					Tech Mahindra Limited Sharda Centre, Off Karve Road
					+91 20 6601 8100 Tel. Fax. +91 20 2542 4466
					techmahindra.com connect@techmahindra.com
					Registered Office:
					Mumbai 400 0071, India
					Annexure I
S. No.	Allotment Date	a	Issue Price ('in Rs.')	Face Value ('in Rs').	Premium ('in Rs.')
Ls	11-03-2021	86,168	5.00	5.00	-
2.	11-03-2021	896	167.77	5.00	162: 77
3,	11-03-2021	496	233.01	5.00	228.01
4,	11-03-2021	2,800	324.00	5.00	319.00
&.	11-03-2021	53,490	422.96	5.00	417.96
6.	11-03-2021	1,500	565.00	5.00	560.00
%	11-03-2021 TOTAL	22,690	621.93	5.00	616.93

For Tech Mahindra Limited