* Tech Mahindra has announced a plan of merger for its wholly-owned step-down subsidiaries, LCC North Central Europe, B.V. and LCC Europe B.V. * The merger was approved by the Board of Directors of the respective companies on 1 December 2025. * The appointed date for the merger is 1 April 2025. * LCC North Central Europe, B.V. will cease to be a wholly-owned subsidiary of LCC Europe B.V. upon completion of the transaction. * The turnover of LCC NCE was ₹13.67 crore for FY 2024-25, while LCC Europe had nil turnover. * The merger aims to reduce the number of entities, optimize operational costs, and reduce compliance risk. * There will be no cash consideration or issuance of new shares involved in the merger.
