TECH MAHINDRA LTD. - Outcome of Committee Meeting - Tech Mahindra to acquire Target Group - to augment Platform BPaaS offerings in BFSI

Tech Mahindra Ltd has informed BSE that the Committee constituted by the Board of Directors of the Company for specific purpose, in its meeting held on May 27, 2016, approved the proposal to acquire Target TOPCO Ltd, a UK entity.<BR><BR>In this regard, the Company has issued a Press Release dated May 27, 2016 titled "Tech Mahindra to acquire Target Group - to augment Platform BPaaS offerings in BFSI".