Subsidiary10 Dec 2025, 09:17 pm
Tech Mahindra Incorporates New Step-down Subsidiary, Yabx Technologies Tanzania Limited
AI Summary
Tech Mahindra Ltd. has incorporated a new step-down subsidiary, Yabx Technologies Tanzania Limited, in the United Republic of Tanzania on 10th December 2025. Yabx Tanzania, a subsidiary of Yabx Technologies (Netherlands) B.V., will provide software and analytics platform and related services in Tanzania. The company received the certificate of incorporation on the same day. This new subsidiary is a part of the company's strategic expansion and is in line with its main line of business.
Key Highlights
- Tech Mahindra incorporates a new step-down subsidiary, Yabx Technologies Tanzania Limited
- Yabx Tanzania to provide software and analytics platform and related services in Tanzania
- Incorporation is in line with the company's main line of business
- Yabx Tanzania is a subsidiary of Yabx Technologies (Netherlands) B.V., a wholly-owned subsidiary of Comviva Technologies Limited, a subsidiary of Tech Mahindra
- Incorporation does not fall within related party transaction for the company