Business Update27 Feb 2026, 02:05 pm
Tata Communications Ltd Dissolves Wholly Owned Indirect Subsidiary
AI Summary
Tata Communications Ltd has updated on the dissolution of a wholly owned indirect subsidiary. The subsidiary contributed 3.32% to the company's turnover and 12.87% to the net worth in FY25. The dissolution is part of internal corporate restructuring and no amount has been received by the company following the dissolution. All existing business contracts and agreements of the subsidiary have been transferred to Kaleyra US Inc., an indirect subsidiary of Tata Communications Limited.
Key Highlights
- Tata Communications Ltd dissolves a wholly owned indirect subsidiary
- The subsidiary contributed 3.32% to the company's turnover and 12.87% to the net worth in FY25
- The dissolution is part of internal corporate restructuring
- No amount has been received by the company following the dissolution
- All existing business contracts and agreements of the subsidiary have been transferred to Kaleyra US Inc.