Step-down subsidiary voluntarily liquidated with effect from 9th October 2026

Tech Mahindra has informed the exchanges that LCC Networks Poland Sp.z.o.o, a step-down wholly-owned subsidiary, has been voluntarily liquidated with effect from 9th October 2026.

Sat 10 Oct 2026

Revenue of liquidated entity (FY ended March 2026)

Rs. 0.603 crore

Net Worth of liquidated entity

Nil

Liquidation effective date

9th October 2026

What the Company told the exchanges

• LCC Networks Poland Sp.z.o.o, a wholly owned subsidiary of LCC Europe BV and a step-down wholly-owned subsidiary of the Company, has been voluntarily liquidated with effect from 9th October 2026.
• The Company received the court's confirmation approving deletion of the entity's name from the local national register on 9th October 2026 at 5.10 p.m. (IST).
• The intimation states this is in line with the Company's strategic vision of integration and rationalisation of subsidiaries.

How the subsidiary was doing

• Revenue for the year ended March 2026: Rs. 0.603 crore (amount stated in crores).
• Net Worth for the same period: Nil.
• The update notes the entity had no operations during the financial year 2025-26 as it was under liquidation.

Why this matters to a shareholder

This is a group-structure change, not a sale of a business. The entity is being wound up voluntarily and its name has been removed from the local register, so it ceases to be part of the group. The disclosure gives the revenue and net worth the entity contributed for the year ended March 2026, which lets an investor see its size in the consolidated picture.

What the Annexure records

• Date on which the agreement for sale was entered into: Not Applicable.
• Expected date of completion of sale/disposal: liquidation is effective 9th October 2026, and the intimation was received by the Company on the same date at 5.10 p.m. (IST).
• Consideration received from such sale/disposal: Not Applicable.
• Buyers and whether any belong to the promoter/promoter group/group companies: Not Applicable.
• Whether the transaction falls within related party transactions: No.
• Whether it is outside a Scheme of Arrangement: Not Applicable.
• Slump sale disclosures: Not Applicable.

How to read it

A voluntary liquidation of a step-down subsidiary is an administrative step. The update itself describes the exercise as integration and rationalisation of subsidiaries. The numbers attached to the entity - revenue of Rs. 0.603 crore and net worth of Nil for the year ended March 2026 - are stated so that investors can judge the size of what is being wound up.

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