Tata Technologies Limited has announced important changes in its Key Managerial Personnel (KMP) authorization structure, as disclosed to BSE Limited and National Stock Exchange of India Limited on January 16, 2026. The announcement pertains to the Board of Directors' approval for designating specific personnel to determine the materiality of events or information under regulatory requirements.

Regulatory Compliance Update

Pursuant to Regulation 30(5) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the company has formalized the authorization of Key Managerial Personnel to assess materiality of events and make necessary disclosures to stock exchanges. This regulatory framework ensures proper governance and transparency in corporate communications with market participants.

Authorized Key Managerial Personnel

The Board has approved the following personnel for determining materiality of events and information:

Both executives are now formally authorized to evaluate the significance of corporate events and ensure appropriate disclosure protocols are followed in accordance with SEBI regulations.

Corporate Communication Framework

The company has established a comprehensive communication structure with designated contact channels for investor relations and regulatory compliance. The primary communication channel remains through investor@tatatechnologies.com , with all relevant disclosures made available on the company's official website at www.tatatechnologies.com .

Compliance and Transparency

This disclosure demonstrates Tata Technologies' commitment to maintaining robust corporate governance standards and ensuring compliance with securities market regulations. The formal authorization of specific Key Managerial Personnel creates a clear framework for evaluating and communicating material information to stakeholders and regulatory authorities. Company Secretary and Compliance Officer Vikrant Gandhe signed the disclosure, emphasizing the company's structured approach to regulatory compliance and corporate transparency.

Tata Technologies Limited announced its financial results for the third quarter of fiscal year 2026, ending December 31, 2025, revealing mixed performance with significant exceptional charges impacting profitability and operational metrics. The company's Board of Directors approved the unaudited standalone and consolidated financial results at their meeting held on January 16, 2026.

Q3 EBITDA Performance Analysis

The company's operational profitability faced considerable pressure during Q3FY26, with EBITDA declining significantly year-on-year. The key operational metrics highlight the impact of regulatory changes and business challenges:

The EBITDA margin compression of 364 basis points reflects the operational challenges faced by the company, including the impact of new Labour Codes and changing business dynamics in the engineering services sector.

Standalone Financial Performance

The company's standalone operations faced challenges during Q3FY26, primarily due to regulatory changes. Key financial metrics for the quarter are presented below:

The company reported a net loss of ₹1.50 crore in Q3FY26 compared to a profit of ₹103.24 crore in the corresponding quarter of the previous year. This significant decline was primarily attributed to exceptional charges of ₹139.87 crore related to the statutory impact of new Labour Codes implemented by the Government of India.

Consolidated Financial Results

On a consolidated basis, Tata Technologies demonstrated better operational performance with revenue growth across its business segments:

The consolidated revenue from operations increased by 3.67% year-on-year to ₹1,365.73 crore, driven by growth in both Services and Technology Solutions segments. However, net profit declined significantly to ₹6.64 crore from ₹168.64 crore in Q3FY25, primarily due to exceptional items totaling ₹163.86 crore.

Impact of New Labour Codes

The Government of India notified four new Labour Codes on November 21, 2025, which had a material impact on the company's financial results. The incremental impact of ₹139.87 crore consisted of:

• Gratuity provisions: ₹114.00 crore
• Compensated absences: ₹25.87 crore

These changes primarily arose due to modifications in wage definitions under the new regulatory framework. The company classified this impact as an exceptional item given its materiality and non-recurring, regulatory-driven nature.

Strategic Acquisition and Business Expansion

During Q3FY26, Tata Technologies completed a significant acquisition to strengthen its automotive engineering capabilities. The company, through its wholly-owned subsidiary Tata Technologies Pte Ltd (Singapore), acquired 100% of Es-Tec GmbH, Germany, and its subsidiaries.

The Es-Tec Group specializes in high-end automotive engineering services with expertise in Advanced Driver Assistance Systems (ADAS), Connected Driving, and Digital Engineering. To fund this acquisition, Tata Technologies Pte Ltd secured a long-term bank borrowing of US$60 million, repayable over five years.