TECH MAHINDRA HAS ACQUIRED 70% STAKE IN PERIGORD ASSETS HOLDINGS LIMITED

Tech Mahindra announced that it has acquired 70% stake in Perigord Asset Holdings Limited (Perigord), a digital workflow and artwork, labelling and BPO services firm.

This acquisition will help Tech Mahindra to augment expertise in the global pharmaceutical, healthcare and life science (HLS) sectors.

Tech Mahindra aims at strengthening its position as a leading digital transformation enabler in the artwork and packaging services space with an integrated platform and services portfolio through the strategic partnership.

Tech Mahindra announced that it has achieved System and Organization Control (SOC) 2 Type 2 attestation for BPS and IT services. The SOC 2 report reinforces Tech Mahindra’s commitment towards safeguarding customer’s security, privacy, availability and confidentiality across all services globally.

Tech Mahindra was trading as the top gainer in the NSE list. The stock was trading at Rs.1,013.70,up by 10.45 points or 1.04%.Market Cap of the stock was at Rs.9,812,593.51 lakhs.