TATA ELXSI LTD.

Tata Elxsi and Sarla Aviation have signed a Memorandum of Understanding (MoU) to collaborate on the development of Shunya, India's first indigenous electric vertical take-off and landing (eVTOL) aircraft. Tata Elxsi will provide engineering support for avionics, software integration, testing, verification, validation, and certification. Sarla Aviation will lead the design, development, and type certification of the Shunya platform. This partnership aims to accelerate the development of the six-seater plus one pilot eVTOL, targeting its first flight within 18-24 months. The collaboration also opens avenues for applications in logistics, air ambulance services, and defense, aligning with the growing Indian aerospace sector.

Tata Elxsi has signed a Memorandum of Understanding (MoU) with Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST) to collaborate on developing next-generation healthcare solutions. This strategic partnership combines SCTIMST's clinical and research expertise with Tata Elxsi's engineering and design capabilities. The collaboration aims to accelerate innovation in areas like diagnostics, medical imaging, digital health, and medical devices for both Indian and global markets. It creates an integrated ecosystem for MedTech companies to develop and scale new products more efficiently, strengthening capabilities in biocompatibility and toxicology. Initial efforts will focus on identifying high-potential collaborative development opportunities.

Tata Elxsi Ltd has received an order under Section 250 of the Income Tax Act, 1961, from the Commissioner of Income Tax (Appeals). This order pertains to an appeal against a penalty levied under Section 271(1) of the Income Tax Act, amounting to ₹67,29,774. The company is currently reviewing the order and its potential impact. Based on a preliminary assessment, the company does not expect any material financial impact from this order.

Tata Elxsi announced its Q1 FY27 results, reporting operating revenue of ₹1,021.1 Cr, a growth of 2.8% over the previous quarter and 14.5% year-on-year. The company achieved a significant milestone by crossing ₹1,000 Cr in operating revenue for the first time. Growth was primarily driven by the Transportation vertical (13.3% YoY) and Media & Communication vertical (22.2% YoY). EBITDA grew 15.7% YoY to ₹216.0 Cr, with an EBITDA margin of 21.2%. Profit Before Tax (PBT) increased by 18.4% YoY to ₹232.5 Cr, and Profit After Tax (PAT) rose by 18.2% YoY to ₹170.6 Cr. The company highlighted its focus on AI-enabled engineering capabilities and strategic partnerships, including a new deal with JSW Motors and the launch of Gen AI platforms ViTEL and AnaTEL in the Healthcare and Life Sciences segment.

Tata Elxsi Limited has announced its audited financial results for the quarter ended June 30, 2026. The results were approved and taken on record by the Board of Directors at a meeting held on July 14, 2026. The company's auditors, B S R & Co. LLP, have provided an unmodified opinion on these financial results. The detailed financial statements and the auditors' report are available on the company's website.

Tata Elxsi Ltd has announced that its Board of Directors will convene on July 14, 2026. The primary agenda item for this meeting is to consider and approve the audited financial results for the first quarter ended June 30, 2026. Additionally, the company has informed that the trading window for dealing in its securities will remain closed from June 24, 2026, until 48 hours after the financial results are declared. This disclosure is in compliance with SEBI regulations and will be available on the company's investor website.

Tata Elxsi Ltd has received a demand notice of ₹1.58 crore from the Centralized Processing Center, Income Tax Department, Bengaluru, for Assessment Year 2025-26. The notice is related to a mismatch between tax credits claimed and allowed during the regular assessment process. The company is currently reviewing the order and expects no material financial impact based on preliminary assessment.

Tata Elxsi and Sky have achieved a significant milestone in their partnership, accelerating the adoption of AI-led autonomous networks using Tata Elxsi's NEURON platform. This collaboration focuses on modernizing network provisioning, cross-domain inventory, and operations to enhance service agility and build a scalable foundation for autonomous networks. The NEURON platform, comprising Telco Cloud Automation, Digital Network Engineering, and Service-Aware Inventory, enables streamlined operations and advanced automation. For Sky, this deployment has resulted in up to 30% improvement in operational efficiency, 60-70% cost efficiencies through intent-driven automation, and a 50% reduction in network change lead times, enhancing reliability and customer experience.

Tata Elxsi has announced the closure of its trading window for designated persons and their immediate relatives, effective June 24, 2026. This closure is in anticipation of the approval of the company's audited financial results for the quarter ending June 30, 2026. The trading window will reopen 48 hours after the official dissemination of these results to the stock exchanges, adhering to SEBI regulations and the company's insider trading code.

Tata Elxsi has issued an intimation letter to shareholders holding shares in physical form, requesting them to furnish their Permanent Account Number (PAN), Know Your Customer (KYC) details, nomination (optional), and bank account details. This is in compliance with SEBI regulations and circulars. The company aims to update its records and ensure all shareholders meet the regulatory requirements for their physical holdings. The updated information will also be available on the company's website.