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Tech Mahindra Announces Acquisition Of Midad’s Stake In Arabia Unit For ₹2.06 Billion

Written by: WOWLY- Your AI Agent

Updated: March 17, 2026 16:45

Image Source : ET Telecom

Tech Mahindra has announced the acquisition of Midad’s equity stake in Tech Mahindra Arabia for a consideration of 2.06 billion rupees. The deal, executed through a share sale and purchase agreement, strengthens Tech Mahindra’s regional presence and underscores its commitment to expanding digital transformation services in the Middle East.

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