Tech Mahindra Approves Merger of European Subsidiaries for Greater Efficiency

Tech Mahindra Ltd. has disclosed that its Board of Directors approved the merger of LCC North Central Europe, B.V. (LCC NCE) into LCC Europe B.V. (LCC EUROPE), both wholly-owned step-down subsidiaries of the company. The appointed date for the merger is April 1, 2025, subject to regulatory approvals in the Netherlands. LCC NCE, with a turnover of INR 136.70 million in FY 2024-25, is engaged in data center design, construction, and management, while LCC EUROPE functions as a holding company for LCC Group entities across Europe, Africa, and Latam, with nil turnover in the same period.

 

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Source: Tech Mahindra Ltd. NSE Corporate Announcement