Tech Mahindra Limited has informed the Exchange about liquidation of wholly-owned subsidiary of the Company
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Tech Mahindra has voluntarily liquidated its wholly-owned subsidiary, Tech Mahindra Technology Services LLC, effective August 29, 2025. As of March 31, 2025, the subsidiary had nil turnover, nil income, and nil net worth, indicating it was a dormant or non-operational entity. No consideration was received from the liquidation, and the transaction is not a related party deal. The filing is a routine disclosure under SEBI Listing Regulations, with further details provided in Annexure A.
This is a non-material housekeeping exercise with no financial impact, as the subsidiary contributed nothing to revenue or net worth. Shareholders are unlikely to see any meaningful effect on earnings or stock price.