Tech Mahindra announced the voluntary liquidation of its step-down wholly-owned subsidiary, Tech Mahindra Digital Pty Ltd, effective March 9, 2026. The company received confirmation of this final liquidation on March 10, 2026. For the last financial year ending March 31, 2025, the subsidiary contributed 10.02 Mn AUD in revenue and held a net worth of 10.89 Mn AUD.
Subsidiary Wind-Up Finalized
Tech Mahindra confirmed the successful completion of the voluntary liquidation of Tech Mahindra Digital Pty Ltd, a step-down wholly-owned subsidiary. The liquidation process was made effective on Monday, March 9, 2026. The parent company received formal intimation of the finalization of this action today, March 10, 2026, at 10:56 AM IST.
Financial Contribution Details
As per the required disclosures, the financial contribution of the subsidiary in the last full financial year (ending March 31, 2025) was detailed. The entity generated 10.02 Million AUD in revenue and possessed a net worth of 10.89 Million AUD. It is important to note that Tech Mahindra Digital Pty Ltd was a wholly-owned subsidiary of Tech Mahindra (Singapore) Pte Limited.
Transaction Context
This event is categorized as a liquidation rather than a sale or disposal, as no consideration was received, and the transaction was Not Applicable concerning buyers or related party arrangements. The company confirmed that this action does not fall under related party transactions requiring “arm’s length” verification.
Source: BSE
