Subsidiary3 Sept 2026, 01:24 pm
Infosys Liquidates Two Step-Down Subsidiaries
AI Summary
Infosys Limited has announced the voluntary liquidation of two of its step-down wholly owned subsidiaries: Guidevision UK Limited, effective September 1, 2026, and In-tech Automotive Engineering Beijing Co., Ltd, effective September 2, 2026. The company received these intimations on September 2, 2026. Guidevision UK Limited contributed no revenue and had a net worth of ₹2.83 Cr (0.00% of Infosys's net worth). In-tech (Beijing) Information Technology Co. Ltd had revenue of ₹10.52 Cr (0.00% of Infosys's revenue) and a net worth of ₹1.23 Cr (0.00% of Infosys's net worth) as of March 31, 2026. These liquidations are considered routine corporate actions with minimal financial impact.
Key Highlights
- Infosys liquidates Guidevision UK Limited and In-tech Beijing.
- Liquidations effective September 1 and 2, 2026, respectively.
- Both subsidiaries had negligible revenue and net worth contribution.
- The move is a voluntary corporate action with no significant financial impact.
Price Impact
More from INFY