Tata Consultancy Services has announced a multi-year partnership with Elopak ASA to transform and manage the packaging company's global IT operations. The engagement, announced on June 17, 2026, positions TCS as the strategic IT partner for Elopak, aiming to modernise end-to-end IT services through a process-centric operating model. This collaboration is designed to improve agility, efficiency, and digital experience, supporting Elopak's objective of driving above-market growth towards its 2030 vision.

AI-Driven Service Delivery at the Core

A key component of the contract is the deployment of Cognix™, TCS's proprietary AI-powered service delivery suite built on its Machine First™ philosophy. Cognix™ will be utilised to enhance advanced analytics and automation capabilities across Elopak's IT environment. The adoption of this platform is central to the broader objective of upgrading Elopak's worldwide IT operations, leveraging AI and cloud technologies to create a robust digital backbone.

Scope and Objectives of the Engagement

The following table outlines the key parameters of the TCS–Elopak engagement:

Modernising Global IT Infrastructure

The strategic IT programme will support Elopak's strategy to modernise its end-to-end IT services, including setting up an integrated service desk and upgrading key enterprise applications. By integrating AI-driven capabilities through Cognix™, the engagement is designed to streamline IT service delivery and support Elopak's operational requirements on a global scale. The initiative reflects a growing trend of enterprises partnering with technology service providers to modernise legacy IT functions through intelligent automation and advanced analytics.

Strategic Alignment and Leadership Commentary

Merethe Johansen, CIO at Elopak, stated that the partnership represents a significant step in advancing digital ambitions and strengthening global operations. Anupam Singhal, President of Manufacturing at TCS, highlighted that the partnership will help Elopak modernize IT operations with AI, automation, and cloud, enabling greater agility and operational efficiency. Amit Pethe, Country Head for TCS Norway, emphasized the combination of TCS' AI-led capabilities with deep domain expertise to build a resilient and intelligent IT ecosystem.

Tata Consultancy Services will book a one-time exceptional provision of USD70 million in Q1 FY2027 after the United States Supreme Court denied its petition to review a judgment in a suit filed by DXC Technology. The provision covers damages, interest, and legal costs following the court's decision on June 15, 2026. The company had previously set aside USD150 million in its books of accounts for this matter in accordance with applicable accounting standards.

Legal Background

The Supreme Court's denial of the writ of certiorari concerns the judgment by the United States Court of Appeals for the Fifth Circuit. This legal development necessitates the incremental financial provision, which Tata Consultancy Services will record as an exceptional expense in the first quarter of the upcoming fiscal year.

Financial Impact

The disclosure was made to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the total financial impact related to the suit will now include the new provision in addition to the amount already accounted for. The following table summarises the key financial details related to the matter: