Tech Mahindra - Resolution of Compensation Committee Meeting

Tech Mahindra Ltd has informed BSE that the resolution passed by the Compensation Committee of the Board of Directors of the Company at its meeting held on October 20, 2009 for grant of 16,000 stock options (covering 16,000 equity shares of the Company) at an exercise price of Rs. 941 per share (being the latest available closing price on The National Stock Exchange of India Limited as of October 17, 2009) to certain employees of the Company and/or its holding and subsidiary companies, under Employee Stock Option Plan 2006 (ESOP 2006) of the Company.