Tata Communications Limited has issued a clarification to stock exchanges following a volume movement letter query, stating that the company has no material information requiring disclosure under regulatory guidelines.

Response to Exchange Query

The telecommunications company responded to a communication from the National Stock Exchange of India Limited and BSE Limited dated March 24, 2026, regarding unusual volume movement in its shares. The exchanges had sought clarification under their surveillance mechanism for significant trading activity.

Company's Position on Disclosure Compliance

Tata Communications emphasized its strict adherence to regulatory requirements in its response:

The company clarified that since its shares are freely and frequently traded on stock exchanges, it is not in a position to comment on share price or volume movements. This position aligns with standard corporate practice for publicly traded companies regarding market-driven trading activity.

Material Information Assessment

Tata Communications specifically stated that as of the date of response, the company has nothing that may have a bearing on price or volume behavior in its scrip requiring disclosure under Regulation 30 of SEBI LODR. The company reaffirmed its commitment to continue intimating material events in accordance with SEBI LODR regulations if and when disclosure obligations are triggered.

Corporate Communication Details

The response was signed by Zubin Adil Patel, Company Secretary and Compliance Officer, and submitted to both major Indian stock exchanges where the company's shares are listed under the symbol TATACOMM on NSE and scrip code 500483 on BSE.

Tata Communications Limited has officially filed regulatory disclosures regarding the incorporation of its joint venture company TC (Shanghai) Technology Company Limited in China, marking a significant milestone in the telecommunications giant's expansion into the Chinese market.

Official Regulatory Filing Details

The company submitted its intimation to the National Stock Exchange of India Limited and BSE Limited on March 18, 2026, under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015. The filing was signed by Zubin Adil Patel, Company Secretary and Compliance Officer.

Joint Venture Incorporation Structure

The joint venture was incorporated on March 12, 2026, in the People's Republic of China, with the Certificate of Incorporation received from the Administration of Market Regulation of Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone.

Partnership Investment Framework

The joint venture is established between Tata Communications (Hong Kong) Limited, a wholly-owned indirect subsidiary of Tata Communications Limited, and Shanghai Runshengtong Management Consulting Co., Ltd. Both partners maintain equal shareholding and cash contributions.

Business Operations and Services Scope

TC Shanghai will operate comprehensive telecommunications services under licensed and general project categories. The business scope includes Category I and II Value-added Telecommunications Services, along with end-to-end technology services, software development, computer system services, data processing, and technology import-export services.

Strategic Market Positioning

This incorporation represents Tata Communications' strategic commitment to establishing a strong presence in the Chinese telecommunications market. The partnership combines Tata Communications' global technological expertise with Shanghai Runshengtong's local market knowledge and consulting capabilities. The joint venture agreement was originally executed on February 27, 2026, and the company has now completed all regulatory requirements for operations in the People's Republic of China.