Tata Communications Limited has issued commercial paper worth ₹300 crore as part of its short-term funding initiative. The company informed stock exchanges about this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Commercial Paper Details

The commercial paper issuance carries specific terms and conditions that reflect current market conditions. The securities offer a discount rate of 7.09% per annum, indicating competitive pricing in the current interest rate environment.

Listing and Trading

The commercial paper has been successfully listed on the National Stock Exchange of India Limited on February 23, 2026. This listing provides institutional investors and eligible participants access to trade these securities in the secondary market.

The three-month tenure from February 20, 2026 to May 22, 2026 positions this instrument as a short-term investment option for institutional investors seeking fixed-income securities with defined maturity periods.

Regulatory Compliance

Tata Communications has fulfilled all regulatory requirements for this commercial paper issuance. The company's intimation to both NSE and BSE demonstrates adherence to disclosure norms under SEBI regulations. Company Secretary and Compliance Officer Zubin Adil Patel signed the regulatory filing, ensuring proper authorization and compliance procedures were followed.

The commercial paper represents a standard corporate funding mechanism that allows companies to raise short-term capital for working capital needs and operational requirements without diluting equity ownership.

Tata Communications has announced the resignation of a key executive from its Cloud and Cyber Security Services division. The telecommunications major informed stock exchanges about this senior management change as required under regulatory compliance norms.

Executive Departure Details

Mr. Bhaskar Gorti, who served as Executive Vice President – Cloud and Cyber Security Services, has resigned from his position with immediate effect on February 23, 2026. The company formally notified both the National Stock Exchange of India Limited and BSE Limited about this change in senior management personnel under Regulation 30 of SEBI Listing Regulations.

Regulatory Compliance

The resignation was reported in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with compliance to SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company provided all required documentation including detailed regulatory disclosures and a copy of the resignation letter to stock exchanges.

Resignation Communication

In his resignation letter addressed to company leadership, Gorti stated his decision to return to the United States for personal reasons after much reflection and consideration. He acknowledged the support and leadership provided during his 18-month tenure with the organization.

Gorti expressed appreciation for the opportunity to work with Tata Communications and noted that the Cloud and Cybersecurity business unit is positioned for continued success in the coming years. The resignation letter was submitted on February 23, 2026, with immediate effect.

Business Continuity

Despite the executive departure, Gorti's resignation letter indicated confidence in the trajectory of the Cloud and Cybersecurity business division. He mentioned that the business unit is "on a great path for continued success for years to come," suggesting established operational momentum and strategic direction for the division.