Tata Consultancy Services has successfully completed its acquisition of Coastal Cloud Holdings, LLC on January 14, 2026, marking a significant expansion in its advisory and AI services capabilities. The IT services giant disclosed the completion under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Acquisition Structure and Details

The acquisition was executed through a carefully structured two-part transaction to secure 100% equity interest in Coastal Cloud Holdings, LLC. The company employed a strategic approach involving both merger and direct acquisition components.

The first component involved Trident LE, LLC, a wholly owned subsidiary of ListEngage Midco, LLC, merging with Coastal Cloud, with Coastal Cloud continuing as the surviving entity. The second part saw TCS North America Corporation acquiring the remaining 14% equity interest through the acquisition of 100% equity in SCP V-B Blocker III LLC.

Target Company Profile

Coastal Cloud Holdings, LLC operates in the advisory and AI services sector, focusing on IT and IT-enabled services. The company has demonstrated strong financial performance with consistent revenue growth.

Strategic Rationale and Impact

The acquisition serves to rationalize the group structure of Tata Consultancy Services while expanding its service portfolio in the growing AI and advisory services market. The transaction will result in Coastal Cloud's three subsidiaries in the USA and one subsidiary in Canada becoming indirect subsidiaries of TCS.

Transaction Compliance

The acquisition does not fall within the scope of related party transactions, and the promoter, promoter group, or group companies have no interest in SCP V-B Blocker III LLC. SCP Blocker, formed on May 13, 2020, operates solely as a holding entity for the 14% equity interest in Coastal Cloud without any independent operations or assets.

Regulatory Disclosure

TCS filed the completion disclosure through Company Secretary Yashaswin Sheth, referencing previous communications dated December 10, 2025, and December 16, 2025, regarding the acquisition announcement. The transaction details are available on the company's official website at www.tcs.com for stakeholder reference.

Tata Consultancy Services has successfully completed its acquisition of Coastal Cloud Holdings, LLC on January 14, 2026, marking a significant milestone in the IT giant's expansion strategy. The completion was announced through a regulatory filing under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Acquisition Structure and Components

The acquisition involved a comprehensive two-part structure to secure 100% equity interest in Coastal Cloud Holdings, LLC. The transaction was designed to rationalize the group structure of the company while expanding its service capabilities in advisory and AI services.

The first component involved Trident LE, LLC, a wholly owned subsidiary of ListEngage Midco, LLC, merging with Coastal Cloud, with Coastal Cloud continuing as the surviving entity. The second component saw TCS North America Corporation acquiring the remaining 14% equity interest through the acquisition of 100% equity in SCP V-B Blocker III LLC.

Target Company Profile

Coastal Cloud Holdings, LLC operates in the advisory and AI services sector, focusing on IT and IT-enabled services. The company has demonstrated strong financial performance with consistent revenue growth across recent periods.

Subsidiary Integration

The acquisition will bring four additional subsidiaries under the TCS umbrella, expanding the company's geographical footprint and operational capabilities. Three subsidiaries are located in the USA, while one operates in Canada, providing TCS with enhanced North American market presence.

Transaction Details and Compliance

SCP V-B Blocker III LLC, formed on May 13, 2020, served solely as a holding entity for the 14% equity interest in Coastal Cloud without independent operations or assets. The transaction structure ensures compliance with regulatory requirements, with the company confirming that the deal does not constitute a related party transaction and that promoter groups have no interest in SCP Blocker.

The completion of this acquisition strengthens TCS's position in the advisory and AI services market while adding significant revenue-generating assets to its portfolio. The structured approach demonstrates the company's strategic focus on expanding its capabilities through targeted acquisitions in high-growth technology segments.