Tech Mahindra Announces Liquidation of Australian Step

Tech Mahindra Limited has informed stock exchanges about the voluntary liquidation of its Australian step-down subsidiary, Tech Mahindra Digital Pty Ltd. The IT services company filed the intimation under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Liquidation Details

The liquidation of Tech Mahindra Digital Pty Ltd became effective on Monday, March 9, 2026. Tech Mahindra received formal intimation of the liquidation on March 10, 2026, at 10:56 AM IST. The subsidiary was a wholly-owned subsidiary of Tech Mahindra (Singapore) Pte Limited and operated as a step-down wholly-owned subsidiary of the parent company.

Financial Performance

Tech Mahindra Digital Pty Ltd’s financial performance for the year ended March 31, 2025, showed the following metrics:

Regulatory Compliance

The liquidation process adheres to regulatory requirements under SEBI Listing Regulations. Key compliance aspects include:

• The transaction does not fall within related party transactions
• No sale agreement was involved as this was a voluntary liquidation
• No consideration was received from the liquidation process
• The liquidation was conducted outside any scheme of arrangement

Corporate Structure Impact

The liquidated entity served as an intermediate holding company in Tech Mahindra’s international operations structure. Tech Mahindra Digital Pty Ltd functioned as a step-down subsidiary, with Tech Mahindra (Singapore) Pte Limited as its immediate parent company.

The company has made the intimation details available on its official website at techmahindra.com/investors/ for stakeholder reference. This corporate restructuring move reflects Tech Mahindra’s ongoing optimization of its global subsidiary structure and operational footprint.