New Delhi: Tech Mahindra on Friday said two representatives of the UK's telecom company BT on its board has resigned.

"Richard Cameron and Nigel Stagg, Directors of the Company have tendered their resignations with immediate effect," Tech Mahindra said in a filing to the BSE on Friday.

BT has been gradually lowering its stake in Tech Mahindra and at present has close to 24 per cent stake in the company.

Stagg, the Chief Executive Officer of BT Wholesale, and Cameron, the Chief Financial Officer at BT Operate, were representatives of BT on the board of Tech Mahindra.

Tech Mahindra, formerly Mahindra British Telecom, was formed as a joint venture between Mahindra and Mahindra Group and British Telecom in 1986. 

Shares of Tech Mahindra closed at Rs 570.25 a piece on Friday, down by 0.15 per cent from its previous close on the BSE.

(Agencies)