YEAR                                                       EVENTS
 2000
  - Mahindra-British Telecom, a 60:40 joint venture between the
 Mahindra group and British Telecom, shareholders approved a
 proposal to raise funds through an initial public offer and an
 employee stock option plan.
 
 -The Company proposes to raise funds through an initial public
 offer.
 
 - The Company and Silicon Automation Systems Ltd (SASL) has forged
 a strategic alliance to develop solutions and product markets using
 the wireless application protocol (WAP).
 
 - The Company's IPO is proposed to be of 53,18,633 No. of equity
 shares
 with a face value of Rs 2 each, at a price to be determined in
 accordance
 with SEBI guidelines for the fully book-built route.
 
 2001
 
  -  Mahindra-British Telecom and the US-based Rockwell Electronic
 Commerce
 have entered into a 5-year strategic alliance and set-up a offshore
 software development
 centre in the city involving total capital cost of .5 million.
  
  - Software firm Mahindra-British Telecom plans to lay off 300
 employees, or about a tenth of its workforce, a company spokesman
 told Reuters on September 25.
 
 
 2004
 
 -Gets Intellectual Property Rights (IPR) for the optical planning and
 design solution that formed part of Marconi's Netscient Software
 product suite - a trademark brand acquired by Marconi in 2001
 
 -Mahindra British Telecom (MBT), the telecom software joint venture
 between the Mahindra Group and British Telecommunications Plc (BT)
 has announced the appointment of Premchand as chairman of
 TeleManagement Forum's New Generation Operations Systems and Software
 (NGOSS) Security Team.
 
 -Mahindra British Telecom (MBT) has signed a solutions partner
 agreement with UK-based Cramer, a major player in inventory-powered
 back office automation for telecom service providers
 
 -MBT has joined three International Systems Security Engineering
 Association (ISSEA) as its corporate member
 
 -Mahindra British Telecom (MBT), the IT services provider to the
 telecom industry, has signed a global partnership agreement with
 Netegrity , provider of identity and access management solutions
 
 2005
 
 -MBT launches new software for language conversion
 
 -Cyclone Commerce join hands with MBT
 
 -MBT acquires Axes Tech for  mn
 
 -MBT, MICO may sign MoU with Mahindra British
 
 2006
 
 -Tech Mahindra's IPO shares will be priced between Rs 315 and Rs 365
 a share. The offer will open on August 1 and close on August 4. The
 company plans to raise up to Rs 465 crore through the issue, which
 offers 12.75 crore shares for sale. The company had reached critical
 mass and it had decided that the time was right for the offer. 
 
 -The initial public offering (IPO) of Tech Mahindra, a joint venture
 between Mahindra and Mahindra Ltd and British Telecommunications PLC,
 was subscribed 1.26 times on the first day of the issue.
 
 -Motorola joins hand with Tech Mahindra to form CanvasM
 
 2007
 
 - Tech Mahindra Ltd has announced their participation in Microsoft's
 Connected Services Sandbox, a new program that brings together
 systems integrators (SIs), independent software vendors (ISVs),
 developers, network equipment providers, and telecommunications
 service providers in a collaborative environment to develop and test
 new communications services.
 
 - Tech Mahindra Ltd has won a prestigious award for its outstanding
 contribution, achievements in the telecoms industry and for continued
 support to the OSS / BSS community. The award was announced by
 Tolestrategies on April 25, 2007 on as a part of the Billing & OSS
 World 2007 conference in Chicago.
 
 -Tech Mahindra has signed an agreement for acquiring upto 100% equity
 in iPolicy Networks, India, a wholly owned subsidiary of US based
 iPolicy. 
 
 2008
 
 -Tech Mahindra Ltd has appointed Mr. M Damodaran as an additional
 Director of the Company in the category of Non Executive Independent
 Director by Board of Directors of the Company at their meeting held
 on July 22, 2008.
 
 -Tech Mahindra signs five year application support deal with BT
 Group
 
 -Tech Mahindra joins hand with Microsoft
 
 -Tech Mahindra wins 0m deal from BT
 
 2009
 
 - Tech Mahindra Ltd has appointed Mr. Ravindra Kulkarni and Mr. B H
 Wani as Additional Directors of the Company in the category of 'Non
 Executive Independent Director' by the Board of Directors of the
 Company on March 30, 2009.
 
 - Tech Mahindra has won the bid for Satyam Computer after bidding at
 Rs 58 per share. Tech Mahindra would pay Rs1,757 crore for a 31 per
 cent stake in Satyam. Tech Mahindra has secured complete funding to
 acquire a 51 per cent stake in Satyam.
 
 - Etisalat DB, formerly known as Swan Telecom, has decided to
 outsource implementation of its software applications as well as IT
 infrastructure to Tech Mahindra as part of a 0-million deal, which
 is spread over the next 10 years. This is the largest IT services deal
 that the telecom software vendor has bagged in the domestic market.