
Management Change22 Jul 2026, 12:48 pm
Tata Teleservices (Maharashtra) Ltd Appoints New Senior Management
AI Summary
Tata Teleservices (Maharashtra) Ltd announced the appointment of Mr. Kushalraj Sonigda as Senior Management Personnel, effective July 22, 2026. This decision was made based on the recommendations of the Nomination and Remuneration Committee. The Board also approved the un-audited financial results for the first quarter ended June 30, 2026, with an unmodified review report from Price Waterhouse Chartered Accountants LLP. Additionally, the redemption term for 20,18,00,000 - 0.1% Non-Cumulative Non-Convertible Redeemable Preference Shares was extended to October 17, 2036. The Board also recommended the appointment of M/s T. P. Ostwal & Associates LLP as Statutory Auditors for a five-year term.
Key Highlights
- Kushalraj Sonigda appointed as Senior Management Personnel.
- Unaudited Q1 FY27 financial results approved.
- Redemption term for preference shares extended to 2036.
- New statutory auditors recommended for a five-year term.
Price Impact
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