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Tech Mahindra's subsidiary PF Holdings B.V. initiated a tender offer to acquire 10.02% of Pininfarina S.p.A. for €9.46 million, increasing its stake from 82.57% to 92.59%. The transaction was announced on November 6, 2026.
Tech Mahindra announced on August 29, 2024, that it has signed a Memorandum of Understanding with Marshall Group to collaborate on aerospace and defense engineering, including aircraft design, special mission platforms, and digital MRO technologies.
Sumitomo Corporation and Tech Mahindra Limited have formed a joint venture, SCTM Engineering Corporation of Japan, to provide engineering services to the automotive sector. The European Commission approved the acquisition of joint control on 11 December 2020.