Tech Mahindra board approves proposal to acquire 100% stake in Zen3 Infosolutions (America)

Tech Mahindra said $42 million will be paid initially when the deal gets closed

Updated24 Feb 2020, 07:13 PM IST

Tech Mahindra will pay another $22 million over three years, which will be linked to Zen3's financial performance — Tech Mahindra will pay another $22 million over three years, which will be linked to Zen3’s financial performance

Tech Mahindra board on Monday approved proposal to acquire 100% stake in Zen3 Infosolutions (America).

Tech Mahindra said $42 million will be paid initially when the deal gets closed and another $22 million will be paid over three years, which will be linked to Zen3's financial performance.

Tech Mahindra on Monday declared interim dividend of ₹10 per share.

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Business News Companies NewsTech Mahindra board approves proposal to acquire 100% stake in Zen3 Infosolutions (America)

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First Published:24 Feb 2020, 07:13 PM IST

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