Tech Mahindra Limited has received an order from the Office of the Regional Provident Fund Commissioner-I, Pune-I, under Section 7A of the Employees’ Provident Funds And Miscellaneous Provisions Act, 1952. The order, dated 17th December 2025 and received by the company on 18th December 2025, directs the company to remit ₹1,287.44 Crores (comprising ₹566.78 Crores in PF contribution and ₹720.66 Crores in interest) to the Provident Fund accounts of certain identified domestic and foreign-deputed employees in non-SSA countries. The alleged violation pertains to the period from May 2014 to March 2016, with the Employees Provident Fund Organization (EPFO) alleging non-remittance of PF contributions. Despite the significant demand, Tech Mahindra stated that the order does not have any material financial impact on the company. The company has already disclosed this matter as part of its contingent liabilities in its audited financial statements. Tech Mahindra plans to file an appeal against the order and is hopeful of a favorable outcome at the appellate level. The company is confident that the order will not materially affect its financial standing.
