Tech Mahindra Update by Epic Research

Tech Mahindra has inked a Joint Venture Agreement (JVA) with Midad Holding, which is a subsidiary of Al Fozan, a preeminent group with diversified business interest in Saudi Arabia. The JV will be called ‘Tech Mahindra Arabia’. Tech Mahindra will have 51% ownership, while Midad will own 49% stake.



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