Company Name and Scrip Code
Main Disclosure – Liquidation Details
Target Entity: LCC Networks Poland Sp.z.o.o. It is a wholly owned subsidiary of LCC Europe BV and a step-down wholly-owned subsidiary of Tech Mahindra Limited.
Event: Voluntary liquidation.
Effective Date: The liquidation is effective from 9th October 2026.
Confirmation Received: The company received confirmation of court approval for the deletion of the subsidiary's name from the local national register on 9th October 2026 at 5.10 p.m. (IST).
Financial Impact of Target Entity:
The revenue and net worth of LCC Networks Poland Sp.z.o.o for the financial year ended 31st March 2026 are provided below. The company had no operations during FY 2025-26 as it was under liquidation.
- Revenue: Rs. 0.603 crores
- Net Worth: Nil
Related Party Status: The transaction is not a related party transaction. (Item 6: "No").
Consideration: Not applicable, as this is a liquidation, not a sale/disposal. (Item 4: "Not Applicable").
Buyer/Counterparty: Not applicable. (Item 5: "Not Applicable").
Rationale: The disclosure states the action is a voluntary liquidation but does not provide a specific strategic rationale.
Approvals: The liquidation received court approval, as evidenced by the confirmation of deletion from the national register.
Regulatory Compliance: The intimation is made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations and refers to SEBI Master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026.
Other Updates
No other disclosures are present in the document.