Tech Mahindra shareholders and shareholding pattern

NSE: TECHMBSE: 532755IT - SoftwareLarge Cap

₹1,790.00₹39.10 (2.14%)BSE ₹1,789.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,829.10.

52-week range of traded prices to 23 Oct 2026

₹1,304.10Low, 9 Mar 2026₹1,854.00High, 3 Feb 2026

Market cap: ₹1,75,448 Cr59th largest listed
P/E: 31.8
P/B: 5.9
Dividend yield: 2.85%
ROE: 19.3%
ROCE: 26.7%
Debt to equity: 0.07
Volume, NSE: 34,51,26847.4% delivered

Who owns Tech Mahindra, filing by filing

Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.

Sep 2026 filing

Promoters34.96%
Foreign institutions20.77%
Indian institutions35.68%
Governments0.17%
Individuals and others8.42%
Employee trustsNone

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others
Employee trusts

Per cent	Dec 2016Filed 11 Jan	Mar 2017Filed 19 Apr	Jun 2017Filed 19 Jul	Sep 2017Filed 12 Oct	Dec 2017Filed 18 Jan	Mar 2018Filed 17 Apr	Jun 2018Filed 19 Jul	Sep 2018Filed 17 Oct	Dec 2018Filed 18 Jan	Mar 2019Filed 20 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 11 Nov	Dec 2019Filed 10 Jan	Mar 2020Filed 22 Apr	Jun 2020Filed 21 Jul	Sep 2020Filed 20 Oct	Dec 2020Filed 20 Jan	Mar 2021Filed 21 Apr	Jun 2021Filed 20 Jul	Sep 2021Filed 19 Oct	Dec 2021Filed 13 Jan	Mar 2022Filed 19 Apr	Jun 2022Filed 19 Jul	Sep 2022Filed 20 Oct	Dec 2022Filed 17 Jan	Mar 2023Filed 14 Apr	Jun 2023Filed 19 Jul	Sep 2023Filed 13 Oct	Dec 2023Filed 15 Jan	Mar 2024Filed 16 Apr	Jun 2024Filed 19 Jul	Sep 2024Filed 16 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 21 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 21 Apr	Jun 2026Filed 21 Jul	Sep 2026Filed 21 Oct
	36.24%	36.21%	36.16%	36.14%	36.01%	36.00%	35.98%	35.96%	35.94%	35.87%	35.90%	35.88%	35.87%	35.85%	35.83%	35.82%	35.79%	35.76%	35.73%	35.70%	35.67%	35.26%	35.24%	35.22%	35.19%	35.18%	35.16%	35.13%	35.11%	35.09%	35.05%	35.03%	35.01%	35.01%	35.00%	34.98%	34.98%	34.97%	34.97%	34.96%
Indian promoters	36.22%	36.18%	36.13%	36.11%	35.99%	35.97%	35.95%	35.94%	35.92%	35.84%	35.88%	35.86%	35.84%	35.82%	35.81%	35.79%	35.76%	35.73%	35.71%	35.68%	35.65%	35.24%	35.21%	35.19%	35.17%	35.15%	35.13%	35.11%	35.08%	35.06%	35.02%	35.00%	34.99%	34.98%	34.97%	34.96%	34.95%	34.95%	34.94%	34.94%
Foreign promoters	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
	63.69%	63.74%	63.79%	63.81%	63.94%	63.96%	63.98%	64.00%	64.02%	64.12%	64.09%	64.11%	64.13%	64.15%	64.16%	64.17%	64.20%	64.24%	64.26%	64.29%	64.32%	64.74%	64.76%	64.78%	64.81%	64.82%	64.84%	64.87%	64.89%	64.91%	64.95%	64.97%	64.99%	64.99%	65.00%	65.02%	65.02%	65.03%	65.03%	65.04%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	28.20%	27.95%	26.87%	25.69%	26.22%	24.58%	24.15%	23.28%	23.66%	24.20%	22.95%	23.28%	20.60%	17.94%	18.59%	18.66%	20.77%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	27.95%	26.16%	25.03%	25.60%	23.93%	23.50%	22.62%	22.86%	23.38%	22.11%	22.37%	19.89%	17.31%	18.01%	18.10%	20.20%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	28.20%	0.00%	0.71%	0.66%	0.62%	0.65%	0.65%	0.65%	0.81%	0.81%	0.84%	0.91%	0.71%	0.63%	0.58%	0.56%	0.56%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Foreign Institutional Investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	23.81%	23.94%	25.85%	26.96%	27.13%	29.02%	29.52%	30.76%	31.00%	30.74%	32.12%	32.13%	34.64%	37.79%	37.33%	36.92%	35.68%
Mutual funds	8.44%	6.75%	8.19%	7.14%	7.39%	6.75%	7.44%	8.89%	9.23%	8.53%	8.67%	9.87%	8.55%	8.39%	8.10%	8.96%	8.39%	8.72%	9.48%	9.81%	9.60%	10.60%	12.80%	12.86%	11.97%	12.93%	12.83%	12.36%	14.24%	14.00%	15.27%	15.81%	16.02%	17.19%	16.51%	17.56%	19.88%	19.06%	19.14%	19.35%
Insurance companies	6.32%	5.92%	5.44%	5.12%	5.28%	5.16%	5.01%	3.13%	3.09%	2.74%	2.65%	3.81%	3.94%	4.36%	4.44%	4.93%	4.87%	5.37%	6.54%	6.77%	7.38%	7.15%	7.66%	9.27%	10.32%	11.37%	12.55%	13.04%	13.09%	13.74%	13.98%	13.76%	13.06%	13.06%	13.59%	14.82%	15.44%	15.36%	14.81%	13.25%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.20%	0.19%	0.17%	0.18%	0.15%	0.03%	Under 0.01%	0.02%	0.07%	0.01%	0.01%	0.01%	0.02%	Under 0.01%	Under 0.01%	0.02%	0.06%
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	1.17%	1.15%	1.13%	1.12%	1.01%	1.12%	1.21%	1.08%	0.94%	1.21%	1.27%	1.17%	1.33%	1.47%	1.83%	1.97%	2.15%
Alternative investment funds	–	–	–	–	0.05%	0.08%	0.11%	0.17%	0.21%	0.22%	0.25%	0.32%	0.29%	0.26%	0.25%	0.20%	0.17%	0.15%	0.19%	0.09%	0.12%	0.09%	0.11%	0.11%	0.10%	0.08%	0.18%	0.47%	0.43%	0.47%	0.31%	0.32%	0.33%	0.59%	0.84%	0.90%	0.99%	1.08%	0.96%	0.86%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.20%	0.20%	0.16%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.60%	12.74%	11.93%	12.03%	11.34%	11.13%	11.07%	10.75%	10.14%	9.89%	9.76%	9.42%	9.60%	9.13%	8.93%	9.29%	8.42%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.80%	9.08%	8.36%	8.44%	7.95%	7.79%	7.80%	7.51%	7.04%	6.83%	6.73%	6.59%	6.73%	6.48%	6.36%	6.18%	6.03%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.84%	0.79%	0.74%	0.81%	0.73%	1.52%	1.42%	1.36%	1.25%	1.22%	1.20%	1.06%	1.09%	0.91%	0.79%	0.74%	0.68%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.58%	0.54%	0.47%	0.45%	0.40%	0.40%	0.40%	0.42%	0.41%	0.40%	0.39%	0.36%	0.32%	0.29%	0.30%	0.76%	0.32%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.02%	1.00%	1.01%	1.05%	1.00%	0.98%	0.99%	1.01%	0.98%	0.98%	0.98%	0.98%	0.98%	0.97%	0.96%	0.95%	0.93%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.12%	0.14%	0.14%	0.14%	0.14%	0.15%	0.15%	0.15%	0.15%	0.16%	0.16%	0.16%	0.16%	0.17%	0.17%	0.16%	0.16%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.86%	0.87%	0.87%	0.87%	0.86%	0.03%	0.03%	0.02%	0.04%	0.04%	0.04%	0.04%	0.07%	0.07%	0.07%	0.07%	0.07%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.37%	0.30%	0.31%	0.24%	0.25%	0.24%	0.26%	0.26%	0.25%	0.24%	0.23%	0.23%	0.25%	0.24%	0.28%	0.41%	0.22%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.21%	0.21%	0.20%	0.20%	0.19%	0.19%	0.20%	0.20%	0.18%	0.18%	0.18%	0.17%	0.18%	0.17%	0.17%	0.16%	0.16%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.03%	0.07%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	0.02%	0.01%	0.06%	0.19%	0.02%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.02%	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	–	–	–	–	–	–	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.08%	0.04%	0.03%	0.02%	0.03%	0.03%	–	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.02%	0.03%	0.02%
Employee Welfare Fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Employee trusts	0.06%	0.06%	0.05%	0.05%	0.05%	0.04%	0.04%	0.04%	0.04%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	0.00%	–	–	–
Shares in issue	97,31,23,893	97,40,96,080	97,54,51,057	97,60,21,040	97,93,61,244	97,97,33,808	98,03,20,644	98,07,98,811	98,12,49,832	98,33,62,470	96,43,52,304	96,48,20,325	96,53,12,635	96,58,52,364	96,61,77,667	96,65,98,935	96,74,23,190	96,82,60,067	96,89,88,701	96,97,14,371	97,05,89,953	97,18,33,479	97,25,61,468	97,31,59,400	97,37,78,933	97,41,47,475	97,46,99,464	97,55,04,105	97,61,64,397	97,67,58,523	97,78,82,361	97,83,49,548	97,87,87,074	97,89,93,712	97,92,07,885	97,95,62,303	97,97,21,333	97,98,41,252	98,00,57,958	98,01,59,085

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Tech Mahindra shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 11 Jan	Mar 2017Filed 19 Apr	Jun 2017Filed 19 Jul	Sep 2017Filed 12 Oct	Dec 2017Filed 18 Jan	Mar 2018Filed 17 Apr	Jun 2018Filed 19 Jul	Sep 2018Filed 17 Oct	Dec 2018Filed 18 Jan	Mar 2019Filed 20 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 11 Nov	Dec 2019Filed 10 Jan	Mar 2020Filed 22 Apr	Jun 2020Filed 21 Jul	Sep 2020Filed 20 Oct	Dec 2020Filed 20 Jan	Mar 2021Filed 21 Apr	Jun 2021Filed 20 Jul	Sep 2021Filed 19 Oct	Dec 2021Filed 13 Jan	Mar 2022Filed 19 Apr	Jun 2022Filed 19 Jul	Sep 2022Filed 20 Oct	Dec 2022Filed 17 Jan	Mar 2023Filed 14 Apr	Jun 2023Filed 19 Jul	Sep 2023Filed 13 Oct	Dec 2023Filed 15 Jan	Mar 2024Filed 16 Apr	Jun 2024Filed 19 Jul	Sep 2024Filed 16 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 21 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 21 Apr	Jun 2026Filed 21 Jul	Sep 2026Filed 21 Oct
All shareholders	5,12,396	5,06,079	5,18,770	4,94,718	4,70,062	4,30,963	4,24,904	4,22,189	4,43,735	4,83,774	4,71,348	4,73,434	4,55,032	4,55,664	5,02,261	5,08,734	5,04,568	5,30,921	5,45,613	5,90,450	6,09,640	7,31,453	8,89,606	9,73,207	9,92,238	9,36,534	9,29,827	8,85,590	8,67,373	8,48,484	8,26,284	7,74,997	7,61,383	7,61,701	7,48,176	7,66,782	7,39,883	7,38,055	7,44,161	7,18,233
	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Indian promoters	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Foreign promoters	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	5,12,390	5,06,073	5,18,764	4,94,712	4,70,056	4,30,957	4,24,898	4,22,183	4,43,729	4,83,768	4,71,342	4,73,428	4,55,026	4,55,658	5,02,255	5,08,728	5,04,562	5,30,915	5,45,607	5,90,444	6,09,634	7,31,449	8,89,602	9,73,203	9,92,234	9,36,530	9,29,823	8,85,586	8,67,369	8,48,480	8,26,280	7,74,993	7,61,379	7,61,697	7,48,172	7,66,778	7,39,879	7,38,051	7,44,157	7,18,229
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	867	824	822	794	780	762	784	773	841	960	954	970	906	864	902	911	978
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	821	760	741	727	713	735	724	788	901	894	910	857	814	855	862	930
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	863	0	57	50	50	47	47	47	51	57	58	58	47	48	45	48	47
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	5	3	3	2	2	2	2	2	2	2	2	2	2	1	1
Foreign Institutional Investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	123	125	116	131	134	122	123	125	119	124	136	128	136	138	134	155	142
Mutual funds	238	206	184	162	154	31	32	35	37	36	34	39	37	35	36	34	33	36	33	36	37	36	35	35	33	34	35	36	36	37	38	36	38	41	42	43	46	43	44	44
Insurance companies	54	54	52	39	41	18	19	18	16	16	16	28	27	28	31	33	31	30	31	33	33	34	36	37	35	35	33	34	34	33	34	32	33	35	34	35	37	36	38	36
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15	16	12	15	14	12	12	10	11	12	12	9	10	10	7	9	7
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Alternative investment funds	–	–	–	–	2	3	4	6	12	16	19	21	23	21	19	18	20	16	15	21	23	22	26	24	30	24	37	39	30	30	32	29	31	40	32	35	32	35	48	42
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9	9	9	9	9	8	9	9	9	8	6	8	11	11	10	13	10
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	1	1	1	1	1	1	1	1	1	1	2	1	1	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	4	4	4	4	5	4	5	5	5	6	6	6	6	6
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	1	2	2	2	3	3	3	3	3
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	2	2	2	2	3	3	3	3	3	3	3	3	3	3
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9,72,208	9,91,280	9,35,587	9,28,894	8,84,668	8,66,481	8,47,569	8,25,377	7,74,029	7,60,290	7,60,602	7,47,069	7,65,730	7,38,871	7,37,009	7,43,085	7,17,103
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9,36,115	9,55,740	9,00,962	8,94,393	8,50,705	8,33,067	8,13,990	7,92,384	7,42,573	7,28,603	7,28,543	7,14,979	7,33,043	7,06,438	7,02,421	7,07,670	6,82,131
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	81	80	77	80	69	75	76	74	69	66	69	69	68	62	62	58	61
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,821	2,784	2,539	2,551	2,574	2,473	2,494	2,468	2,280	2,301	2,295	2,295	2,242	2,155	2,636	2,593	2,596
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	21,177	20,513	20,513	20,389	20,308	20,048	20,237	19,711	18,953	19,285	19,625	19,808	20,163	20,297	21,771	22,454	22,371
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11	11	11	12	12	12	8	8	9	8	8	8	6	6	6	7	6
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	6	6	6	6	3	3	2	3	3	3	3	3	3	3	3	3
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11,994	12,143	11,476	11,460	10,991	10,800	10,758	10,727	10,140	10,022	10,057	9,905	10,203	9,908	10,108	10,298	9,933
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11,597	11,841	11,208	11,224	10,729	10,537	10,480	10,448	9,866	9,743	9,751	9,594	9,807	9,536	9,707	9,850	9,579
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	158	71	51	21	20	21	22	22	19	22	20	20	99	91	96	102	88
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	38	36	39	37	41	41	37	40	35	36	34	34	34	30	37	38	34
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	217	–	–	–	–	–	–	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	198	193	176	176	199	199	–	215	218	219	250	255	261	249	266	306	230
Employee Welfare Fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Employee trusts	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	0	–	–	–

Tech Mahindra promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Mahindra & Mahindra Limited, 25.30%. The filing names 161 more members with no shares.Promoter buying and selling

Holder
Mahindra & Mahindra LimitedIndian companies, trusts and others	25.30%	24,80,22,598
TML Benefit Trust through Puneet RenjhenIndian companies, trusts and others	9.61%	9,42,35,629
Mahindra-Bt Investment Company (Mauritius) LimitedForeign companies and others	0.02%	2,42,904
Mahindra Holdings LtdIndian companies, trusts and others	0.02%	1,98,201

No promoter shares are reported as pledged.

Largest public holders of Tech Mahindra, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Tech Mahindra

Holder	Dec 2016Filed 11 Jan	Mar 2017Filed 19 Apr	Jun 2017Filed 19 Jul	Sep 2017Filed 12 Oct	Dec 2017Filed 18 Jan	Mar 2018Filed 17 Apr	Jun 2018Filed 19 Jul	Sep 2018Filed 17 Oct	Dec 2018Filed 18 Jan	Mar 2019Filed 20 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 11 Nov	Dec 2019Filed 10 Jan	Mar 2020Filed 22 Apr	Jun 2020Filed 21 Jul	Sep 2020Filed 20 Oct	Dec 2020Filed 20 Jan	Mar 2021Filed 21 Apr	Jun 2021Filed 20 Jul	Sep 2021Filed 19 Oct	Dec 2021Filed 13 Jan	Mar 2022Filed 19 Apr	Jun 2022Filed 19 Jul	Sep 2022Filed 20 Oct	Dec 2022Filed 17 Jan	Mar 2023Filed 14 Apr	Jun 2023Filed 19 Jul	Sep 2023Filed 13 Oct	Dec 2023Filed 15 Jan	Mar 2024Filed 16 Apr	Jun 2024Filed 19 Jul	Sep 2024Filed 16 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 21 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 21 Apr	Jun 2026Filed 21 Jul	Sep 2026Filed 21 Oct
Life Insurance Corporation of IndiaInsurance companies	–	–	3.62%	3.62%	–	3.77%	3.76%	–	–	–	–	–	–	–	–	1.72%	2.03%	2.64%	4.19%	4.31%	4.98%	4.84%	5.03%	5.96%	7.44%	8.07%	9.47%	9.64%	9.64%	10.05%	10.41%	10.64%	10.14%	10.14%	10.31%	11.04%	11.49%	11.44%	11.11%	9.86%
Nps Trust- A/C Sbi Pension Fund Scheme - State GovtProvident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.21%	1.08%	–	1.21%	1.27%	1.17%	1.33%	1.47%	1.83%	1.97%	2.15%
Sbi Life Insurance Co. LtdInsurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.27%	1.33%	1.30%	1.06%	–
Government Pension Fund GlobalForeign portfolio investors, category I	1.87%	1.87%	1.26%	1.40%	1.39%	1.40%	1.41%	1.72%	1.49%	1.47%	1.20%	1.37%	1.21%	1.58%	1.60%	1.47%	1.75%	1.73%	1.52%	1.48%	1.45%	1.44%	1.70%	1.98%	2.01%	2.05%	2.11%	2.03%	1.42%	1.32%	1.64%	1.32%	1.11%	1.06%	1.18%	1.19%	1.17%	–	–	–
First Sentier Investors Icvc - Stewart Investors Asia Pacific Leaders FundForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.30%	1.03%	–	–	–	–
First Sentier Investors Icvc - Stewart Investors Asia Pacific Leaders Sustainability FundForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.36%	2.18%	2.06%	2.06%	2.15%	2.15%	2.15%	2.15%	2.15%	2.27%	1.78%	1.67%	1.53%	1.53%	1.45%	1.39%	–	–	–	–	–	–
Nps Trust- A/C Lic Pension Fund Scheme - State GovtProvident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.02%	1.03%	1.02%	–	–	1.10%	1.17%	1.15%	1.13%	1.12%	1.01%	1.12%	–	–	–	–	–	–	–	–	–	–	–
NPS Trust- A/C UTI Retirement Solutions Pension Fund Scheme - State GovtOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.05%	1.08%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
First State Investments Icvc- Stewart Investors Asia Pacific Leaders FundInstitutions Foreign Portfolio Investor	–	4.91%	–	–	4.88%	4.88%	4.88%	4.62%	4.62%	4.12%	4.20%	4.20%	4.20%	4.19%	3.66%	3.66%	3.29%	3.08%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Government of SingaporeInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	1.02%	1.01%	1.11%	1.38%	1.69%	1.67%	1.73%	2.19%	2.10%	1.28%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Life Insurance Corporation of India P & Gs FundInsurance companies	–	–	–	–	–	–	–	1.32%	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Abu Dhabi Investment Authority - BehaveInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	1.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Life Insurance Corporation of India and Life Insurance Corporation of India - P & Gs FundInsurance companies	–	–	–	–	3.60%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
First State Investments Icvc- Stewart Investors AsiaInstitutions Foreign Portfolio Investor	–	–	–	4.90%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Hermes Investment Funds Plc On Behalf of HermesInstitutions Foreign Portfolio Investor	–	–	–	1.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
First State Investment Icvc- Steward Investors Asia Pacific Leaders FundInstitutions Foreign Portfolio Investor	–	–	4.90%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Life Insurance Corporation of India Life Insurance Corporation of India P & Gs FundInsurance companies	3.63%	3.62%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
National Westminster Bank Plc As Depositary of First State Asia Pacific Leaders Fund A Sub Fund of First State Investments IcvcInstitutions Foreign Portfolio Investor	4.92%	–	–	–	–	In concert	In concert	In concert	In concert	In concert	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Europacific Growth FundInstitutions Foreign Portfolio Investor	1.46%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent. “In concert” is a filing that named the holder only among the persons acting in concert; the latest filing's list is below.

Persons acting in concert

From the filing for Sep 2026.

Name	Holding	Shares
MERCER EMERGING MARKETS SHARES FUND	0.02%	1,49,632
RQI EMERGING MARKETS DIVERSIFIED ALPHA FUND	0.00%	9,593

Shareholders who act together in the company, with what each holds. The list can repeat holders shown above, under another name or as one of a fund house's schemes.