Tata Communications CEO, MD, chairman, board of directors and AGM
NSE: TATACOMMBSE: 500483Telecom - ServicesMid Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,682.40.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹47,165 Cr201st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 15 Oct 2026
- 42.7
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹199 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 36.2
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 15 Oct 2026
- 13.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.06%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 15 Oct 2026
- 35.3%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹199 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 41.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 15 Oct 2026
- 14.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. The filing of 15 Oct 2026
- 3.29
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 3,02,48045.1% delivered
Tata Communications board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonGanapathy Subramaniam Natarajan
- Managing director and CEOGanapathi S. Lakshminarayanan
- Company Secretary and Compliance OfficerZubin Adil Patel
7 directors4 independent1 executive2 non-executive
- Ganapathy Subramaniam Natarajan · ChairpersonNon-executive · joined Dec 2021 · reappointed Dec 2021 · 3 listed boards · 1 committee seat, 1 as chair
- Ganapathi S. Lakshminarayanan · Managing director and CEOExecutive · joined May 2026 · reappointed May 2026 · 1 listed board · 1 committee seat
- Ashok SinhaIndependent · joined Oct 2021 · reappointed Oct 2021 · 59 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 3 as chair
- Ankur VermaNon-executive · joined Apr 2023 · reappointed Apr 2023 · 3 listed boards · 9 committee seats, 2 as chair
- Sangeeta AnandIndependent · joined Sep 2024 · reappointed Sep 2024 · 24 months as independent · 1 listed board · 1 as independent
- Sujit Kumar VarmaIndependent · joined Apr 2025 · reappointed Apr 2025 · 17 months as independent · 5 listed boards · 4 as independent · 8 committee seats, 3 as chair
- P. Jagdish RaoIndependent · joined Jun 2025 · reappointed Jun 2025 · 15 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- Krishnakumar Natarajan, left 15 Jul 2026: Tenure Completion
- Amur Lakshminarayanan Swaminathan, left 13 Apr 2026: Tenure Completion
- Renuka Ramnath, left 8 Dec 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 Jul 20267 of 7 present4 independent · 62 days in between
- 20 May 20267 of 7 present5 independent · 27 days in between
- 22 Apr 20267 of 7 present5 independent
Audit Committee
Chair Ashok Sinha
Ankur Verma, Sujit Kumar Varma, P. Jagdish Rao
- 22 Jul 20264 of 4 present3 independent · 90 days in between
- 22 Apr 20263 of 3 present2 independent
Nomination and remuneration committee
Chair P. Jagdish Rao
Ganapathy Subramaniam Natarajan, Ashok Sinha, Sangeeta Anand
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Ankur Verma
Sujit Kumar Varma, Ganapathi S. Lakshminarayanan
No meeting listed in the filing.
Risk Management Committee
Chair P. Jagdish Rao
Troy Reynolds, Sangeeta Anand
- 23 Sep 20262 of 3 present2 independent · 62 days in between
Corporate Social Responsibility Committee
Chair Ashok Sinha
Sujit Kumar Varma, Sangeeta Anand, Ganapathi S. Lakshminarayanan
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Sep 2026.
- S.R. Batliboi and Associates LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
- S. R. Batliboi & Associates LLPNamed in filings from Mar 2026 to Jun 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Tata Communications AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Tata Communications dividend history
Annual general meeting, 9 Jul 2026
1,75,963 shareholders on the register on 2 Jul 2026; present: 10 promoters and 50 others; votes counted by Upendra C. Shukla / M/s Upendra Shukla & Associates, Practising Company Secretaries.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.24% · promoters 100.00% · institutions 84.21% · other public 27.86%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.24% · promoters 100.00% · institutions 84.21% · other public 27.86%
- To declare a dividend of Rs.17.50 on equity shares for the financial year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.25% · promoters 100.00% · institutions 84.24% · other public 27.86%
- To appoint a Director in place of Mr. N. Ganapathy Subramaniam (DIN: 07006215), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary98.10% for1.90% against
Against: promoters 0.00% · institutions 6.00% · other public 0.00%
Turnout: all 89.23% · promoters 100.00% · institutions 84.19% · other public 27.86%
- Ratification of Cost Auditor’s Remuneration for the financial year ending March 31, 2027.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.23% · promoters 100.00% · institutions 84.19% · other public 27.86%
- Appointment of Mr. Ganapathi S. Lakshminarayanan (DIN: 01828104) as a Director and as Managing Director and Chief Executive Officer of the Company.Ordinary99.59% for0.41% against
Against: promoters 0.00% · institutions 1.29% · other public 0.08%
Turnout: all 89.23% · promoters 100.00% · institutions 84.19% · other public 27.86%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 9 Jul 2025, 8 resolutions
1,95,059 shareholders on the register on 19 Jun 2025; present: 10 promoters and 45 others; votes counted by Mr. U.C. Shukla / Upendra Shukla & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.02% · promoters 100.00% · institutions 87.62% · other public 23.14%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.02% · promoters 100.00% · institutions 87.62% · other public 23.14%
- To declare a dividend on equity shares of the Company for the financial year ended March 31, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 89.04% · promoters 100.00% · institutions 87.68% · other public 23.14%
- To appoint a Director in place of Mr. Ankur Verma (DIN: 07972892), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.03% for0.97% against
Against: promoters 0.00% · institutions 3.08% · other public 0.09%
Turnout: all 89.03% · promoters 100.00% · institutions 87.68% · other public 23.12%
- Appointment of Secretarial Auditors and fixing their remuneration.Ordinary99.91% for0.09% against
Against: promoters 0.00% · institutions 0.30% · other public 0.00%
Turnout: all 89.03% · promoters 100.00% · institutions 87.68% · other public 23.14%
- Ratification of Cost Auditor’s Remuneration.OrdinaryNot passedRecorded as not passed although most votes were for it; no reason is given100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 89.03% · promoters 100.00% · institutions 87.67% · other public 23.14%
- Appointment of Mr. Sujit Kumar Varma (DIN: 09075212) as a Director and as an Independent Director.Special99.92% for0.08% against
Against: promoters 0.00% · institutions 0.25% · other public 0.01%
Turnout: all 89.04% · promoters 100.00% · institutions 87.68% · other public 23.14%
- Appointment of Mr. P. Jagdish Rao (DIN: 01991594) as a Director and as an Independent Director.Special99.93% for0.07% against
Against: promoters 0.00% · institutions 0.21% · other public 0.01%
Turnout: all 89.04% · promoters 100.00% · institutions 87.68% · other public 23.14%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 27 Oct 2024, 3 resolutions
The company's voting result (opens in a new tab)
- Appointment of Ms. Sangeeta Anand (DIN: 10715306) as a Director and as an Independent Director.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 86.18% · promoters 100.00% · institutions 80.25% · other public 21.85%
- Approval of Material Related Party Transaction(s) with STT Global Data Centres India Private Limited, an associate company, for sale of the Company’s property at Ambattur, ChennaiOrdinaryPromoters have an interest in it100.00% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 27.31% · promoters 0.00% · institutions 80.25% · other public 21.84%
- Approval of Material Related Party Transaction(s) with STT Global Data Centres India Private Limited, an associate company, for leaseback arrangementsOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 27.31% · promoters 0.00% · institutions 80.25% · other public 21.84%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 17 Jul 2024, 6 resolutions
Present: 10 promoters and 50 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary99.96% for0.04% againstAgainst: promoters 0.00% · institutions 0.12% · other public 0.00%
Turnout: all 84.01% · promoters 100.00% · institutions 79.32% · other public 5.49%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with the Report of the Auditors thereon.Ordinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.12% · other public 0.00%
Turnout: all 84.01% · promoters 100.00% · institutions 79.32% · other public 5.49%
- Declaration of dividend on equity shares for the financial year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 84.02% · promoters 100.00% · institutions 79.36% · other public 5.49%
- Appointment of Mr. N. Ganapathy Subramaniam (DIN: 07006215) as Director, liable to retire by rotationOrdinary98.61% for1.39% against
Against: promoters 0.00% · institutions 4.74% · other public 0.32%
Turnout: all 83.99% · promoters 100.00% · institutions 79.27% · other public 5.49%
- Ratification of Cost Auditor’s Remuneration for the financial year ending March 31, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 84.01% · promoters 100.00% · institutions 79.34% · other public 5.49%
- Re-appointment of Mr. A. S. Lakshminarayanan (DIN: 08616830) as Managing Director and Chief Executive OfficerOrdinary99.08% for0.92% against
Against: promoters 0.00% · institutions 3.14% · other public 0.32%
Turnout: all 84.02% · promoters 100.00% · institutions 79.36% · other public 5.49%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 25 Feb 2024, 1 resolution
The company's voting result (opens in a new tab)
- Alteration to the Articles of Association of the Company.SpecialPromoters have an interest in it99.55% for0.45% against
Against: promoters 0.00% · institutions 1.58% · other public 0.08%
Turnout: all 85.54% · promoters 100.00% · institutions 79.66% · other public 21.45%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 18 Jul 2023, 8 resolutions
Present: 10 promoters and 55 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary99.97% for0.03% againstAgainst: promoters 0.00% · institutions 0.12% · other public 0.01%
Turnout: all 85.88% · promoters 100.00% · institutions 79.75% · other public 22.00%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, together with the Report of the Auditors thereon.Ordinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.12% · other public 0.00%
Turnout: all 85.88% · promoters 100.00% · institutions 79.75% · other public 21.99%
- Declaration of Dividend on Equity Shares for the financial year ended March 31, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 85.88% · promoters 100.00% · institutions 79.75% · other public 22.00%
- Appointment of Mr. N. Ganapathy Subramaniam (DIN:07006215) as a Director retiring by rotation.Ordinary99.30% for0.70% against
Against: promoters 0.00% · institutions 2.43% · other public 0.09%
Turnout: all 85.88% · promoters 100.00% · institutions 79.75% · other public 21.99%
- Ratification of Cost Auditor’s Remuneration for the financial year ending March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 85.88% · promoters 100.00% · institutions 79.75% · other public 21.99%
- Appointment of Mr. Ankur Verma (DIN:07972892) as a Non-Executive and Non-Independent Director.Ordinary99.25% for0.75% against
Against: promoters 0.00% · institutions 2.59% · other public 0.09%
Turnout: all 85.88% · promoters 100.00% · institutions 79.75% · other public 21.99%
- Approval of ‘Tata Communications Limited – Employee Stock Unit Plan 2023’.Special91.76% for8.24% against
Against: promoters 0.00% · institutions 30.75% · other public 0.14%
Turnout: all 83.40% · promoters 100.00% · institutions 71.77% · other public 21.99%
- Approval for grant of employee stock units to the employees of Subsidiary Company(ies) of the Company under ‘Tata Communications Limited – Employee Stock Unit Plan 2023’Special91.81% for8.19% against
Against: promoters 0.00% · institutions 30.58% · other public 0.16%
Turnout: all 83.40% · promoters 100.00% · institutions 71.77% · other public 21.99%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Jun 2022, 9 resolutions
Present: 9 promoters and 60 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2022, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary99.94% for0.06% againstAgainst: promoters 0.00% · institutions 0.21% · other public 0.00%
Turnout: all 88.10% · promoters 100.00% · institutions 87.57% · other public 21.81%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022 along with the Report of the Auditors thereon.Ordinary99.94% for0.06% against
Against: promoters 0.00% · institutions 0.21% · other public 0.00%
Turnout: all 88.10% · promoters 100.00% · institutions 87.57% · other public 21.81%
- To declare a dividend on equity shares for the financial year ended March 31, 2022.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 88.12% · promoters 100.00% · institutions 87.63% · other public 21.81%
- To appoint a Director in place of Mr. Srinath Narasimhan, (DIN: 00058133), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.34% for0.66% against
Against: promoters 0.00% · institutions 2.15% · other public 0.08%
Turnout: all 88.12% · promoters 100.00% · institutions 87.62% · other public 21.81%
- Re-appointment of M/s. S. R. Batliboi & Associates LLP, Chartered Accountants (Firm Registration No. 101049W / E300004) as Statutory Auditors for a second term of five consecutive years.Ordinary99.47% for0.53% against
Against: promoters 0.00% · institutions 1.72% · other public 0.01%
Turnout: all 88.12% · promoters 100.00% · institutions 87.62% · other public 21.81%
- Ratification of Cost Auditor’s Remuneration for the financial year ending March 31, 2023.Ordinary99.89% for0.11% against
Against: promoters 0.00% · institutions 0.34% · other public 0.08%
Turnout: all 88.12% · promoters 100.00% · institutions 87.62% · other public 21.81%
- Appointment of Mr. Krishnakumar Natarajan (DIN:00147772) as a Director and as an Independent DirectorSpecial99.92% for0.08% against
Against: promoters 0.00% · institutions 0.25% · other public 0.01%
Turnout: all 88.12% · promoters 100.00% · institutions 87.62% · other public 21.81%
- Appointment of Mr. Ashok Sinha (DIN: 00070477) as a Director and as an Independent Director.Special99.66% for0.34% against
Against: promoters 0.00% · institutions 1.10% · other public 0.01%
Turnout: all 88.12% · promoters 100.00% · institutions 87.62% · other public 21.81%
- Appointment of Mr. N. Ganapathy Subramaniam (DIN: 07006215) as a Non-Executive and Non-Independent Director.Ordinary99.67% for0.33% against
Against: promoters 0.00% · institutions 1.09% · other public 0.00%
Turnout: all 88.12% · promoters 100.00% · institutions 87.62% · other public 21.81%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Jun 2021, 8 resolutions
Present: 10 promoters and 48 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2021, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.25% · promoters 100.00% · institutions 71.70% · other public 19.29%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2021 along with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.25% · promoters 100.00% · institutions 71.70% · other public 19.28%
- To declare a dividend on equity shares for the financial year ended March 31, 2021.Ordinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.15% · other public 0.00%
Turnout: all 83.27% · promoters 100.00% · institutions 71.76% · other public 19.29%
- To appoint a director in place of Mr. Srinath Narasimhan (DIN: 00058133), who retires by rotation at this annual general meeting and, being eligible, offers himself for re-appointment.Ordinary99.61% for0.39% against
Against: promoters 0.00% · institutions 1.42% · other public 0.14%
Turnout: all 83.26% · promoters 100.00% · institutions 71.74% · other public 19.28%
- Ratification of appointment of Statutory AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 83.26% · promoters 100.00% · institutions 71.74% · other public 19.29%
- Ratification of Cost Auditor’s RemunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 83.26% · promoters 100.00% · institutions 71.74% · other public 19.28%
- Alteration of the Objects Clause of the Memorandum of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 83.26% · promoters 100.00% · institutions 71.74% · other public 19.28%
- Alteration of Articles of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 83.26% · promoters 100.00% · institutions 71.74% · other public 19.28%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 9 Jul 2026, 10 fund houses so far (houses' deadline to file 15 Oct 2026)
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
10 for0 against- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of the Auditors thereon.10 for0 against
- To declare a dividend of Rs.17.50 on equity shares for the financial year ended March 31, 2026.10 for0 against
- To appoint a Director in place of Mr. N. Ganapathy Subramaniam (DIN: 07006215), who retires by rotation and being eligible, offers himself for re-appointment.10 for0 against
- Appointment of Mr. Ganapathi S. Lakshminarayanan (DIN: 01828104) as a Director and as Managing Director and Chief Executive Officer of the Company.10 for0 against
3 proposals not matched to one resolution
- 5) Ratify remuneration of Rs. 660,000 to Ms. Ketki D. Visariya as cost auditor for FY27.1 for0 against
Ratification of remuneration of Rs. 6.60 lakhs plus applicable taxes and out-of-pocket expenses on actual basis incurred in connection with the audit, capped at 3% of the remuneration, payable to Ms. Ketki D. Visariya, Cost Accountant (Membership No.: 16028), who, on the recommendation of the Audit Committee, has been appointed by the Board of Directors as the Cost Auditor of the Company, to conduct the audit of the cost records maintained by the Company for the financial year 2026-27.MoreLess
7 for0 against- Ratify remuneration of Rs. 660,000 to Ms. Ketki D. Visariya as cost auditor for FY272 for0 against
Mutual fund votes, meeting of 9 Jul 2025, 28 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
27 for0 against- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of the Auditors thereon.27 for0 against
- To declare a dividend on equity shares of the Company for the financial year ended March 31, 2025.27 for0 against
- To appoint a Director in place of Mr. Ankur Verma (DIN: 07972892), who retires by rotation and being eligible, offers himself for re-appointment.28 for0 against
- Appointment of Secretarial Auditors and fixing their remuneration.
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PPFAS Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundTransparency Concern: Previous auditors’ remuneration not disclosed to ascertain any material change in the audit fee.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on merit of the proposed Secretarial Auditors. Transparency Concern: Previous auditors’ remuneration not disclosed to ascertain any material change in the audit fee.
- PPFAS Mutual FundPrevious auditor remuneration has not been disclosed
20 for7 against - Ratification of Cost Auditor’s Remuneration.27 for0 against
- Appointment of Mr. Sujit Kumar Varma (DIN: 09075212) as a Director and as an Independent Director.27 for0 against
- Appointment of Mr. P. Jagdish Rao (DIN: 01991594) as a Director and as an Independent Director.27 for0 against
7 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
- Item 5, as a fund house numbered it1 for0 against
- Item 6, as a fund house numbered it1 for0 against
- Item 7, as a fund house numbered it1 for0 against
- Item 8, as a fund house numbered it1 for0 against
6 earlier meetings
Mutual fund votes, meeting of 27 Oct 2024, 25 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Appointment of Ms. Sangeeta Anand (DIN: 10715306) as a Director and as an Independent Director.23 for0 against
- Approval of Material Related Party Transaction(s) with STT Global Data Centres India Private Limited, an associate company, for sale of the Company’s property at Ambattur, Chennai23 for0 against
- Approval of Material Related Party Transaction(s) with STT Global Data Centres India Private Limited, an associate company, for leaseback arrangements23 for0 against
4 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
1. Appointment of Ms. Sangeeta Anand (DIN: 10715306) as a Director and as an Independent Director 2. Approval of Material Related Party Transaction(s) with STT Global Data Centres India Private Limited, an associate company, for sale of the Company’s property at Ambattur, Chennai. 3. Approval of Material Related Party Transaction(s) with STT Global Data Centres India Private Limited, an associate company, for leaseback arrangements.MoreLess
1 for0 against
Mutual fund votes, meeting of 17 Jul 2024, 24 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
22 for0 against- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with the Report of the Auditors thereon.22 for0 against
- Declaration of dividend on equity shares for the financial year ended March 31, 202422 for0 against
- Appointment of Mr. N. Ganapathy Subramaniam (DIN: 07006215) as Director, liable to retire by rotation22 for0 against
- Ratification of Cost Auditor’s Remuneration for the financial year ending March 31, 2025.22 for0 against
- Re-appointment of Mr. A. S. Lakshminarayanan (DIN: 08616830) as Managing Director and Chief Executive Officer22 for0 against
7 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 against
- Item 3, as a fund house numbered it1 for0 against
- Item 4, as a fund house numbered it1 for0 against
- Item 5, as a fund house numbered it1 for0 against
- Item 6, as a fund house numbered it1 for0 against
1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024 together with the Reports of the Board of Directors and the Auditors thereon. 2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024 together with the Report of the Auditors thereon. 3. Declaration of dividend on equity shares for the financial year ended March 31, 2024 4. Appointment of Mr. N. Ganapathy Subramaniam (DIN: 07006215) as Director, liable to retire by rotation 5. Ratification of Cost Auditor’s Remuneration for the financial year ending March 31, 2025. 6. Re-appointment of Mr. A. S. Lakshminarayanan (DIN: 08616830) as Managing Director and Chief Executive OfficerMoreLess
1 for0 against
Mutual fund votes, meeting of 25 Feb 2024, 23 fund houses
- Alteration to the Articles of Association of the Company.23 for0 against
Mutual fund votes, meeting of 18 Jul 2023, 20 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
19 for0 against- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, together with the Report of the Auditors thereon.19 for0 against
- Declaration of Dividend on Equity Shares for the financial year ended March 31, 2023.19 for0 against
- Appointment of Mr. N. Ganapathy Subramaniam (DIN:07006215) as a Director retiring by rotation.19 for0 against
- Ratification of Cost Auditor’s Remuneration for the financial year ending March 31, 2024.19 for0 against
- Appointment of Mr. Ankur Verma (DIN:07972892) as a Non-Executive and Non-Independent Director.19 for0 against
- Approval of ‘Tata Communications Limited – Employee Stock Unit Plan 2023’.
Against HDFC Mutual Fund, HSBC Mutual Fund
- HDFC Mutual FundESOPs are being granted at a significant discount to market price
- HSBC Mutual FundA vote AGAINST this resolution is warranted as the scheme provides flexibility to grant RSUs, where the vesting conditions can be time based and the exact performance targets for vesting of RSUs have not been disclosed.
17 for2 against - Approval for grant of employee stock units to the employees of Subsidiary Company(ies) of the Company under ‘Tata Communications Limited – Employee Stock Unit Plan 2023’
Against HDFC Mutual Fund, HSBC Mutual Fund
- HDFC Mutual FundESOPs are being granted at a significant discount to market price
- HSBC Mutual FundA vote AGAINST this resolution is warranted as the scheme provides flexibility to grant RSUs, where the vesting conditions can be time based and the exact performance targets for vesting of RSUs have not been disclosed.
17 for2 against
1 proposal not matched to one resolution
1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon. 2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023 along with the Report of the Auditors thereon. 3. Declaration of Dividend on Equity Shares for the financial year ended March 31, 2023. 4. Appointment of Mr. N. Ganapathy Subramaniam (DIN: 07006215) as Director, liable to retire by rotation. 5. Ratification of Cost Auditor’s Remuneration for the financial year ending March 31, 2024. 6. Appointment of Mr. Ankur Verma (DIN:07972892) as a Non-Executive and Non-Independent Director. 7. Approval of ‘Tata Communications Limited – Employee Stock Unit Plan 2023’. 8. Approval for grant of employee stock units to the employees of Subsidiary company(ies) of the Company under ‘Tata Communications Limited – Employee Stock Unit Plan 2023’MoreLess
1 for0 against
Mutual fund votes, meeting of 29 Jun 2022, 16 fund houses
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2022, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
16 for0 against- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2022 along with the Report of the Auditors thereon.16 for0 against
- To declare a dividend on equity shares for the financial year ended March 31, 2022.16 for0 against
- To appoint a Director in place of Mr. Srinath Narasimhan, (DIN: 00058133), who retires by rotation and being eligible, offers himself for re-appointment.16 for0 against
- Re-appointment of M/s. S. R. Batliboi & Associates LLP, Chartered Accountants (Firm Registration No. 101049W / E300004) as Statutory Auditors for a second term of five consecutive years.
Against Bandhan Mutual Fund, Nippon India Mutual Fund
- Bandhan Mutual FundNon-Compliant with Regulation 36(5) of SEBI LODR: Proposed audit fee not disclosed.
- Nippon India Mutual FundInadequate disclosure
14 for2 against - Ratification of Cost Auditor’s Remuneration for the financial year ending March 31, 2023.16 for0 against
- Appointment of Mr. Krishnakumar Natarajan (DIN:00147772) as a Director and as an Independent Director16 for0 against
- Appointment of Mr. Ashok Sinha (DIN: 00070477) as a Director and as an Independent Director.16 for0 against
- Appointment of Mr. N. Ganapathy Subramaniam (DIN: 07006215) as a Non-Executive and Non-Independent Director.16 for0 against
Mutual fund votes, meeting of 30 Jun 2021, 12 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2021, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
11 for0 against1 abstained
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2021 along with the Report of the Auditors thereon.11 for0 against
1 abstained
- To declare a dividend on equity shares for the financial year ended March 31, 2021.11 for0 against
1 abstained
- To appoint a director in place of Mr. Srinath Narasimhan (DIN: 00058133), who retires by rotation at this annual general meeting and, being eligible, offers himself for re-appointment.11 for0 against
1 abstained
- Ratification of appointment of Statutory Auditors10 for0 against
1 abstained
- Ratification of Cost Auditor’s Remuneration11 for0 against
1 abstained
- Alteration of the Objects Clause of the Memorandum of Association of the Company11 for0 against
1 abstained
- Alteration of Articles of Association of the Company11 for0 against
1 abstained
1 proposal not matched to one resolution
To ratify and confirm the appointment of M/s. S.R. Batliboi & Associates LLP, Chartered Accountants (ICAI Firm Registration No. 101049W / E300004) as Auditors of the Company to hold office from the conclusion of this AGM till the conclusion of 36th AGM of the Company to be held in the year 2022, to examine and audit the accounts of the Company for the Financial Year ending March 31, 2022 and to fix remunerationsMoreLess
1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeIncome-tax DepartmentSince 18 Feb 1999
(i) The matter relating to earth-station Undertaking is pending before Bombay High Court for final hearing. Internet Undertaking is pending before Income Tax Appellate Tribunal, Mumbai for hearing. FIrst year of Internet Undertaking has been heard by Tribunal and decided favourably. (ii) This matter is pending before Bombay High Court for final hearing. Expected financial implications - ₹520.78 croresMoreLess
- Tax disputeIncome-tax DepartmentSince 11 Mar 2015
The matter is pending before Income Tax Appellate Tribunal for hearing. First year of NLD Undertaking and Transfer Pricing (AY 2011-12) has been decided favourably by Tribunal. Expected financial implications - ₹ 336.73 croresMoreLess
At the filing before: The matter is pending before Income Tax Appellate Tribunal for hearing. Expected financial implications - ₹415.28 crores - Tax disputeIncome-tax DepartmentSince 5 Apr 2021The matter is pending before Income Tax Appellate Tribunal for hearing. Expected financial implications - ₹225.91 crores
- Tax disputeIncome-tax DepartmentSince 28 Mar 2007The matter is pending before Bombay High Court for final hearing. Expected financial implications - ₹197.41 crores
- Tax disputeIncome-tax DepartmentSince 21 Feb 2005
Appeals filed by the Income Tax Department against quashing of assessment orders passed by the Income Tax Appellate Tribunal due to lack of jurisdiction of Assessing Officer. Appeals filed for assessment years 2002-03 to 2004-05; 2006-07 to 2010-11. The matter is pending before Bombay High Court for admission. Expected financial implications - ₹1419.28 croresMoreLess
- Tax disputeTribunal Económico-Administrativo CentralSince 20 Jun 2019The National Court has scheduled the deliberation and judgment of the appeal for 13 October 2026. No hearing or physical arbitration is scheduled. Further, updates awaited.
At the filing before: Claims for other taxes: Tata Communications (Spain) S.L. ("TC Spain"), a wholly-owned subsidiary of Tata Communications Limited, received an initial assessment order, dated 20 June 2019, from the Spanish Tax Agency ("STA"), whereby the refund of an input VAT claimed by the Company had been denied by STA and a sum of EUR 15,440,044.62 towards VAT and interest thereupon had been demanded, plus a penalty of EUR 18,102,272.48 was imposed. TC Spain filed counter-arguments in response to the initial assessment, subsequent to which, STA issued a final assessment order dated 27 August 2019 demanding VAT and interest of EUR 15,505,607.73.  TC Spain then filed its notice of intention to appeal the final VAT assessment in the Central Administrative Court (TEAC) in Spain, post which the STA issued its final penalty assessment on 28 November 2019 for the amount of EUR 18,102,272.48, which was also appealed against by TC Spain. On 29 March 2022, TEAC rendered a decision upholding the assessment and penalty issued against TC Spain. TC Spain has filed a notice of appeal of the TEAC determination before the National Court on 24 May 2022 and awaits the National Court's decision. The Company has made necessary disclosures on the matter as part of the notes to accounts in its quarterly and annual consolidated financial results. Name of subsidiary - Tata Communications (Spain) S.L. Court / Tribunal / Agency before which the matter is pending - National Court, Spain Expected financial implications - Rs. 298.95 crores (Final Assessment by the STA: EUR15,505,607.73; Final Penalty Assessment by the STA: EUR18,102,272.482)MoreLess
- Tax disputeCanada Revenue Agency (CRA) - Federal and States - Quebec and OntarioSince 18 Feb 2014
There is no change in the status of the case from the previous disclosure with regard to support services rendered for signalling business. Further, during the quarter, the parties to the case, have reached an in-principle agreement to settle the issue with regard to international telecommunication services. The formal settlement documents is yet to be minutised. The parties do not have a definitive timeline for the completion of the aforementioned documentation. However, an update will be submitted to the Tax Court of Canada on or before November 30, 2026.MoreLess
At the filing before: Claims for taxes on income on account of: 1. Audit of international telecommunications services by modifying the applied transfer pricing method. Years under audit FY 2007-08 to FY 2017-18. The Company has filed objections before Federal and Provincial Authorities and the matter is pending at Appeals Division. Further, the Company is also seeking certainty through alternative dispute resolution mechanism. 2. Audit of support services rendered for Signaling business by rejecting transfer pricing method applied and proposing to apply Profit Split method. Years under audit FY 2007-08 to FY 2017-18. Tata Communications (Canada) Ltd. and Canada Revenue Agency have reached an agreement in principle on June 26, 2025 to settle the issue and have begun drafting the formal settlement documents, including a settlement agreement and partial consent to judgment, which will implement the in-principal settlement. The parties do not have a definitive timeline for the completion of the aforementioned documentation. An update will be submitted to the Tax Court of Canada on or before March 31, 2026. No material impact on the financials of the Company is expected currently. Expected financial implications - Rs 1835.56 crores (USD 204.31 Mn at the closing rate of Rs. 89.84150 / USD as on 31 December 2025)MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.