TATA CONSULTANCY SERVICES LTD.

Tata Consultancy Services (TCS) subsidiary, HyperVault AI Data Center Limited, will establish a large-scale AI data center campus with up to 1GW capacity in Hyderabad, Telangana. The campus, spread across 264 acres, will support frontier AI companies and hyperscalers with high-density, liquid-cooled compute infrastructure. The project will be developed in phases and aims to leverage green energy and water-neutral design. This initiative is expected to involve an investment of up to Rs 70,000 crore and will significantly boost India's AI infrastructure ecosystem, creating thousands of jobs. The Telangana government has expressed strong support for the project, highlighting its strategic importance for the region and the nation's AI ambitions.

Tata Consultancy Services (TCS) has been selected as a strategic partner by international wholesaler METRO AG to harmonize its IT application landscape and support scalable growth. TCS will help METRO transition from country-specific systems to a centralized technology environment using AI-based solutions, aiming to reduce complexity, streamline operations, and enhance agility across Europe and Asia. This engagement is part of METRO's broader business evolution towards a globally aligned technology landscape, enabling the company to focus on customer growth and innovation. TCS will leverage its experience in large-scale transformations to build a future-ready IT operating model for METRO.

Tata Consultancy Services (TCS) has entered into a five-year strategic deal with Porsche AG, amounting to €1.25 billion. This agreement follows Porsche's acquisition of MHP Management- und IT-Beratung GmbH. The deal aims to establish a long-term partnership focused on industrializing AI across Porsche's operations, including engineering, manufacturing, customer experience, and enterprise transformation. It will also support the delivery of next-generation automotive technology services and software-defined mobility platforms. The partnership will be effective from the closing date of the MHP acquisition.

Tata Consultancy Services (TCS) Netherlands B.V., a wholly owned subsidiary, has received board approval to acquire 100% of MHP Management- und IT-Beratung GmbH (MHP) for an enterprise value of €320 million. MHP is a leading automotive and industrial consulting firm, a subsidiary of Porsche AG. This acquisition is part of a strategic partnership between TCS and Porsche, aimed at driving AI transformation, next-generation manufacturing technologies, and software-defined mobility. The deal includes a five-year strategic agreement between Porsche, MHP, and TCS valued at €1.25 billion. Completion is subject to regulatory approvals, with an expected timeframe of 3-4 months.

Tata Consultancy Services (TCS) through its wholly owned subsidiary, Tata Consultancy Services Netherlands B.V., has agreed to acquire 100% of the equity shares of MHP Management- und IT-Beratung GmbH (MHP) from Porsche AG for an enterprise value of €320 million. MHP is a leading automotive and industrial consulting firm specializing in AI, digital transformation, and software-defined mobility. This acquisition is a strategic move to bolster a long-term AI transformation partnership between TCS and Porsche, which includes a five-year strategic deal worth €1.25 billion. The partnership aims to industrialize AI across Porsche's operations and deliver next-generation automotive technology services. The deal is subject to regulatory approvals and is expected to complete within 3-4 months. MHP reported a turnover of €742 million in CY2025 and has approximately 4,500 employees.

Tata Consultancy Services (TCS) has launched TCS ADD™ AgentHub, an enterprise-ready AI platform designed to transform drug development by enabling the scaled use of agentic AI. This platform aims to address challenges in trust, governance, and scalability within the highly regulated pharmaceutical industry, particularly in clinical trials and pharmacovigilance. TCS ADD™ AgentHub provides a structured framework for AI agents to operate with defined roles, oversight, and auditability, facilitating custom AI agent hubs and deployment across clinical workflows. The platform has demonstrated significant efficiency gains, including up to 40% in clinical data management, up to 30% reduction in clinical study build effort, and up to 30% cost savings in safety case processing. It supports a Human + AI Operating Model, embedding AI agents into enterprise workflows while maintaining human oversight and decision-making.

Tata Consultancy Services Ltd has issued a communication to its identified shareholders regarding SEBI's Master Circular on KYC requirements for physical securities. Shareholders must update PAN, address, mobile number, and bank details by April 1, 2024, to receive dividends electronically. Failure to comply will result in dividends being paid only through electronic mode after all details are furnished. Optional details like email ID and nomination can also be provided. The company has provided links and forms for updating KYC information.

Tata Consultancy Services (TCS) has announced a strategic partnership with Vodafone Business, the enterprise arm of Vodafone UK. This collaboration aims to accelerate digital transformation for UK enterprises by leveraging AI, cloud, cybersecurity, and data analytics. The partnership will help customers modernize technology, reduce complexity, and scale operations for improved business outcomes and customer experience. It builds on Vodafone's significant investment in the UK's network infrastructure and aims to empower various sectors including public sector, healthcare, financial services, and manufacturing.

N. Chandrasekaran has announced his decision not to seek reappointment as Chairman of Tata Sons when his current term ends on February 20, 2027. This follows a board meeting on February 24, 2026, where a proposal for his reappointment for another five years, recommended by the trusts and committees, did not receive unanimous support from the board. Chandrasekaran stated that clarity on leadership is crucial for the institution's strategic projects and stakeholders, and has asked the board to expedite the succession process to ensure a smooth transition.

Tata Consultancy Services (TCS) and Google Cloud have launched a new Gemini Experience Center (GEC) in Mexico City. This is TCS' ninth GEC globally and second in Latin America. The facility aims to accelerate AI adoption and business transformation across industries by integrating agentic AI capabilities and Google Cloud use cases. It is equipped with over 3,000 industry- and context-aware AI agents built by TCS with Gemini Enterprise. The center will support the development of industry-specific solutions for sectors like financial services, retail, manufacturing, healthcare, and energy, tailored to regional business needs. This expansion reinforces TCS' commitment to advancing responsible AI and strengthens Mexico's position as a Latin American innovation hub.