Tech Mahindra Limited completes liquidation of Myanmar subsidiary Leadcom Integrated Solutions
Tech Mahindra Limited has announced the voluntary liquidation of its wholly-owned step-down subsidiary, Leadcom Integrated Solutions Myanmar Company Limited. The liquidation was completed effective from 29th June 2026.The company received intimation regarding the completion of this process on the same date at 3.04 p.m. (IST).
Leadcom Integrated Solutions Myanmar Company Limited was a wholly-owned step-down subsidiary of Tech Mahindra Limited. Financial details relating to this unit during the last reported financial year are as follows:
| Financial Metric | Value |
|---|---|
| Revenue (FY ending March 31, 2022) | 0.27 Crores INR |
| Net Worth | 8.16 Crores INR |
The company further reported that it had no operations in the subsidiary during the financial year 2025-26 as the entity was undergoing liquidation.
TECHM Stock Price Movement
Today, Tech Mahindra Limited shares edged higher to settle at ₹1433.80 after closing, reflecting a modest 0.13% gain for the session. The equity saw trading conclude amidst a total traded volume of 2.47 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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