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Organizations in the present scenario are immensely keen to have the best strategies for managing talents. However, acquiring great talents and retaining them has been one of the typical issues faced by organizations, especially in terms of Organisational performance it is very much needed. Another key component that strengthens the relationship between talent management and Organisational performance is employee engagement. Using a structured questionnaire as a survey instrument, we collected data from 382 responses from select organizations and tested the proposed hypotheses by framed conceptual model. The result indicates that the relationship between talent management and organizational performance is fully mediated by talent acquisition and retention but the same relationship is partially mediated by employee engagement. Finally, appropriate recommendations were offered to HR managers and talent management heads of the organizations.