Subsidiary29 Jun 2026, 09:00 pm
Tech Mahindra Subsidiary Liquidated
AI Summary
Tech Mahindra Ltd has announced the voluntary liquidation of its step-down wholly-owned subsidiary, Leadcom Integrated Solutions Myanmar Company Limited. The liquidation is effective June 29, 2026. The subsidiary contributed ₹0.27 Crores in revenue and had a net worth of ₹8.16 Crores for the financial year ended March 31, 2022. The company received the intimation of liquidation on June 29, 2026, at 3:04 p.m. IST. This event does not involve a sale or disposal with consideration, and it is not considered a related party transaction.
Key Highlights
- Tech Mahindra's step-down subsidiary, Leadcom Integrated Solutions Myanmar, is liquidated.
- Liquidation is effective June 29, 2026.
- Subsidiary contributed ₹0.27 Cr revenue and ₹8.16 Cr net worth (FY22).
- No sale consideration or buyer details provided.
- Transaction is not a related party transaction.
Price Impact
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