Tata Teleservices (Maharashtra) Limited has announced the resignation of Ms Amee Joshi from her position as Company Secretary of Tata Teleservices Limited (Holding Company) and Senior Management Personnel of the company. The disclosure was made to stock exchanges in compliance with Regulation 30 of SEBI Listing Regulations.

Resignation Details

Ms Amee Joshi submitted her resignation letter on December 19, 2025, and was relieved from her duties with effect from the close of business hours on March 18, 2026. The company has confirmed that there are no other reasons for her resignation beyond those mentioned in her resignation letter.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 and Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required details under the SEBI Master Circular dated January 30, 2026.

Transition Process

In her resignation letter addressed to Managing Director Mr. Harjit Singh, Ms Joshi assured full support for a smooth transition and handover of responsibilities to ensure continuity and minimal disruption. She expressed gratitude to the management and Board of Directors for their support and guidance throughout her tenure.

Company Information

The disclosure was signed by Company Secretary Amit Gupta and communicated to both BSE Limited and National Stock Exchange of India Limited. The company maintains its registered office at D 26 TTC Industrial Area MIDC Sanpada PO Turbhe Navi Mumbai.

Tata Teleservices (Maharashtra) Limited has paid a fine of ₹10,000 plus applicable tax to the National Stock Exchange of India (NSE) for delayed compliance with regulatory requirements. The penalty was imposed for non-compliance under Regulation 23(9) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, for the half year ended September 30, 2025.

NSE Notice and Fine Details

NSE issued a notice dated December 16, 2025, highlighting the company's delayed compliance with the listing regulations. The fine structure and compliance details are outlined below:

Company's Response and Waiver Request

Tata Teleservices (Maharashtra) Limited submitted a detailed representation to NSE on December 22, 2025, along with supporting documents seeking waiver of the imposed fine. The company explained that while the disclosure was made within prescribed timelines to the Bombay Stock Exchange, technical glitches on the NEAPS portal prevented timely filing with NSE despite diligent efforts.

A virtual hearing was conducted on January 22, 2026, where the company presented its case. However, NSE did not consider the waiver request favorably, and the company subsequently paid the fine within the prescribed timelines.

Board Review and Governance Measures

The matter was placed before the Board of Directors at their meeting held on March 2, 2026, as required by NSE's notice. The Board's assessment and response included:

• Acknowledgment that the delay was unintentional despite sincere compliance efforts
• Recognition of the company's commitment to highest standards of corporate governance
• Direction to management and secretarial department to implement additional safeguards
• Emphasis on ensuring strict and timely compliance going forward

Technical Challenges and Compliance Context

The company emphasized that the compliance issue arose due to unforeseen technical glitches on the NEAPS portal, which were beyond the company's control. Despite having successfully filed the required disclosure with BSE within the stipulated timeline, the technical difficulties prevented simultaneous compliance with NSE requirements.

This incident highlights the importance of robust technical infrastructure and backup systems for regulatory compliance in the digital filing environment. The company has committed to strengthening its compliance framework to prevent similar occurrences in the future.