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Tuesday, January 07, 2025 | 11:56 AM ISTEN Hindi

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Tech Mahindra surges 9% on appointing Mohit Joshi as MD & CEO

MOFSL believes that this is a positive for Tech Mahindra as it will help the company scale up its BFSI vertical, which has lagged peers in recent years.

Tech Mahindra
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Tech Mahindra

Deepak Korgoankar Mumbai
Shares of Tech Mahindra surged 9 per cent to Rs 1,159.95 on the BSE in Monday’s intra-day trade after the company announced appointment of Mohit Joshi as Managing Director & Chief Executive Officer (CEO) of the company.

Mohit will take over as CEO & MD from CP Gurnani after his retirement on December 19, 2023. The joining date of Mohit is not mentioned in the press release. He is finishing his tenure at Infosys on June 9, 2023.

“Appointment of Mr. Mohit Joshi, for a period of 5 (five) years with effect from 20th December, 2023 to 19th

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