MilestoneAug 1, 2026

Mach Travel to sell loss-making subsidiary for ₹0.5 crore

What's the deal?

Mach Travel Solutions Ltd. has agreed to sell its entire stake in subsidiary Travexel Events and Travel Private Limited to Chhatrapal Singh Yadav, a non-related party. The sale covers 60% of equity shares and 100% of redeemable preference shares.

The terms:

Total consideration is ₹0.5 crore — ₹0.015 crore for equity shares and ₹0.485 crore for preference shares. The transaction is expected to close on or before September 29, 2026.

Why now?

Travexel reported a negative net worth of ₹0.28 crore as of March 31, 2026, making it a financial drag. Divesting the unit is meant to streamline Mach Travel's consolidated finances.

The financials:

Travexel contributed ₹13.52 crore to Mach Travel's consolidated turnover in FY 2025-26, despite its negative net worth. Once the deal closes, the subsidiary drops out of Mach Travel's consolidated statements.

What changes now?

Removing Travexel is expected to lift Mach Travel's profitability and improve overall financial efficiency by cutting a loss-making entity.

The signal:

The move reflects a common corporate playbook — shedding non-performing assets to sharpen the balance sheet. The test will be whether Mach Travel's later results show the promised gain in efficiency.

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TTravexel Events and Travel

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