Tech Mahindra Ltd

Tech Mahindra Subsidiary CTDEV LLC Liquidated 🏦

- CTDEV LLC, a wholly-owned step-down subsidiary of Tech Mahindra, was voluntarily liquidated on 4th September 2025.

- The liquidation notice was received by Tech Mahindra on 8th September 2025 at 16:09 p.m. (IST).

- The subsidiary was non-operational and had no material impact on Tech Mahindra’s consolidated financials.

- As of 31st March 2025, CTDEV LLC had a net worth of Rs 0.16 crore and no turnover.

- No consideration was received from the liquidation.

- The process did not involve any related party transactions.

- More details are available on Tech Mahindra’s investor relations website.