Board Meeting22 Jul 2026, 12:46 pm
Tata Teleservices Maharashtra Board Approves Q1 FY27 Un-Audited Results
AI Summary
Tata Teleservices (Maharashtra) Ltd announced the outcome of its Board of Directors meeting held on July 22, 2026. The board approved the un-audited financial results for the first quarter ended June 30, 2026. Additionally, the board approved a further extension for the redemption of Redeemable Preference Shares (RPS) until October 17, 2036. These RPS, amounting to ₹2,018 Crores, were issued on October 18, 2016. The company also announced the appointment of Mr. Kushalraj Sonigda as Senior Management Personnel and recommended the appointment of M/s T. P. Ostwal & Associates LLP as Statutory Auditors for a five-year term.
Key Highlights
- Approved un-audited financial results for Q1 ended June 30, 2026.
- Extended redemption term for ₹2,018 Cr RPS to October 17, 2036.
- Appointed Mr. Kushalraj Sonigda as Senior Management Personnel.
- Recommended M/s T. P. Ostwal & Associates LLP as Statutory Auditors.
- Auditors issued an unmodified limited review report on financial results.
Price Impact
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