Tech Mahindra announced the liquidation of its step-down subsidiary, Comviva Technologies Madagascar Sarlu, effective January 19, 2026. The company received official notification of the liquidation on January 21, 2026. This move is part of Tech Mahindra’s ongoing efforts to streamline its operations and optimize its global business portfolio.
Liquidation of Comviva Technologies Madagascar Sarlu
Tech Mahindra has completed the voluntary liquidation of Comviva Technologies Madagascar Sarlu, a step-down subsidiary. The liquidation became effective on January 19, 2026.
Key Details
The company received the official intimation regarding the completion of the liquidation on January 21, 2026, at 02:18 p.m. (IST).
Impact on Tech Mahindra
Comviva Technologies Madagascar Sarlu was a wholly-owned subsidiary of Comviva Technologies Limited and a step-down subsidiary of Tech Mahindra. The entity was non-operational and had been placed under liquidation since November 30, 2023. Its liquidation will have no material impact on the financials of Tech Mahindra.
Source: BSE
