Tech Mahindra Ltd.

BSE: 532755 | NSE: TECHM
Large Cap | IT - Software
1570.50
59.15 (3.91%)
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Tech Mahindra to sell 100% stake in Dynacommerce Holdings to Comviva Netherlands

Date: 17-12-2022

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.