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Tech Mahindra Limited ( (IN:TECHM) ) has issued an update.
Tech Mahindra Limited has announced the voluntary liquidation of its wholly-owned subsidiary, Tech Mahindra Technology Services LLC, effective August 29, 2025. The subsidiary had no turnover, income, or net worth as of March 31, 2025, indicating minimal impact on the company’s financials. This strategic move is part of Tech Mahindra’s efforts to streamline operations and focus on core business areas, potentially enhancing operational efficiency and market positioning.
More about Tech Mahindra Limited
Tech Mahindra Limited is a leading company in the information technology industry, providing a wide range of IT services and solutions. The company focuses on digital transformation, consulting, and business re-engineering solutions, catering to various sectors globally.
Average Trading Volume: 48,854
Technical Sentiment Signal: Buy
Current Market Cap: 1464.1B INR
See more insights into TECHM stock on TipRanks’ Stock Analysis page.