Tech Mahindra Limited has informed the Exchange about Sale or disposal
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Awaiting price reaction for this filing.
Tech Mahindra has voluntarily liquidated its Australian step-down subsidiary, Tech Mahindra Digital Pty Ltd, effective 9th March 2026. The subsidiary, held through Tech Mahindra (Singapore) Pte Ltd, contributed AUD 10.02 million in revenue and had a net worth of AUD 10.89 million for FY25. No sale consideration is involved as this is a liquidation, not a sale to a third party. The intimation was filed with the exchanges on 10th March 2026 under SEBI Listing Regulations.
This is a minor restructuring move involving a very small subsidiary (less than 0.1% of Tech Mahindra's overall revenue) and is unlikely to have any material impact on the company's financials or stock price. Shareholders should view this as routine portfolio cleanup.