Tata Communications has announced the appointment of Siddhartha Mundra as Chief Financial Officer, marking a significant leadership transition for the global communications technology company. The Board of Directors approved the appointment on February 10, 2026, following recommendations from both the Nomination and Remuneration Committee and the Audit Committee.

Appointment Timeline and Transition

The leadership transition follows a structured timeline designed to ensure smooth operations:

Professional Background and Experience

Siddhartha Mundra brings extensive leadership experience spanning over 22 years across multiple domains including corporate finance, strategy, business operations, private equity and technology. His career trajectory demonstrates progressive leadership roles within India's largest business conglomerates, including experience in listed companies.

Currently, Mundra serves as Vice President and is part of the Group CFO & Group Strategy Office at Tata Sons, a position he has held since December 2020. His previous executive experience includes:

• Chief Executive Officer at Shankara Building Products Limited (2017-2020)
• Director at Fairwinds Private Equity, Mumbai (2008-2017)
• Associate Vice President at ICICI Venture, Mumbai (2005-2008)
• Software Engineer at Cisco Systems, Bengaluru (career start)

Educational Qualifications

Mundra's academic credentials include a PGDM from IIM Ahmedabad and a B.Tech in Computer Science from NIT Warangal, where he graduated with a Gold Medal, demonstrating academic excellence in technology and management disciplines.

Leadership Perspectives

A.S. Lakshminarayanan, Managing Director & CEO of Tata Communications, emphasized the strategic value of the appointment: "Siddhartha's extensive expertise and experience combined with his strong leadership record, makes him a tremendous addition to Tata Communications leadership as we continue to drive transformation and create long-term value for all our stakeholders."

Mundra expressed his commitment to the role, stating: "I am honored to join Tata Communications and look forward to working with the leadership to accelerate our strategic ambitions, further strengthen our financial foundation and contribute to the Company's continued growth."

Regulatory Compliance

The appointment was announced in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company confirmed no relationships exist between directors in connection with this appointment.

Tata Communications has announced the resignation of Kabir Ahmed Shakir from his position as Chief Financial Officer. This leadership change marks a significant development in the telecommunications company's executive management structure.

Leadership Transition

The company confirmed that Shakir, who served as CFO, has stepped down from his role. This resignation represents a key change in Tata Communications' financial leadership team.

Company Impact

The departure of the Chief Financial Officer position represents an important transition for Tata Communications as the company navigates its ongoing business operations and strategic initiatives in the telecommunications sector.

The resignation adds to the broader context of executive movements within the telecommunications industry, as companies continue to evolve their leadership structures to meet changing market demands.