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Tech Mahindra to sell 100% stake in Dynacommerce Holdings to Comviva Netherlands

17 Dec 2022 Evaluate

Tech Mahindra has approved the sale of its 100% stake in wholly owned subsidiary - Dynacommerce Holdings BV to Comviva Netherlands BV, a step-down subsidiary, for consideration of Euro 6.6 million. The agreement is expected to be signed during the first week of January 2023. Comviva Netherlands B.V., a wholly owned subsidiary of Comviva Technologies, subsidiary of Tech Mahindra.

Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise.

Peers
Company Name CMP
TCS 2436.00
Infosys 1121.30
HCL Technologies 1408.90
Wipro 193.50
Tech Mahindra 1774.80
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