Tech Mahindra Limited has announced that its wholly-owned subsidiary, Mahindra Educational Institutions (MEI), is no longer a wholly-owned subsidiary. This change occurred on December 26th, 2025, following the approval by MEI's Board of Directors for the allotment of 16,50,000 equity shares of ₹10 each, aggregating to ₹1.65 crore (1 crore 65 lakh), on a preferential basis through private placement to Mahindra Knowledge Trust (MKT). As a result of this allotment, Tech Mahindra's shareholding in MEI has been diluted from 100% to 0.6%. The announcement was made by Tech Mahindra Limited on December 26th, 2025, at 5:17 p.m. (IST), in accordance with Regulation 30 of the SEBI Listing Regulations. MEI's turnover was ₹0 for the last financial year, while its net worth as of March 31st, 2025, was ₹418.83 crore (418 crore 82 lakh 77 thousand). MKT, the allottee, is a registered trust for public charitable purposes and is not part of the promoter or group companies. This transaction does not fall under related party transactions.