TATA TELESERVICES (MAHARASHTRA) LTD.

Tata Teleservices (Maharashtra) Ltd, through its business arm Tata Tele Business Services (TTBS), has announced a strategic collaboration with Tata Communications. This partnership aims to accelerate AI adoption among India's Small and Medium Businesses (SMBs) by offering a unified AI platform stack. The collaboration leverages TTBS's extensive reach and digital solutions for SMBs with Tata Communications' advanced Voice AI platform, powered by Agentic AI. The integrated offering will provide businesses with simpler, more accessible, and cost-effective AI solutions, including AI-powered Voice Agents capable of managing customer interactions and providing personalized support. This initiative seeks to democratize access to advanced digital infrastructure for India's over 60 million SMBs, enabling them to improve productivity and enhance customer experiences.

Tata Teleservices (Maharashtra) Ltd's Board of Directors met on July 22, 2026, and approved the unaudited financial results for the first quarter ended June 30, 2026. The company also approved a further extension for the redemption of 0.1% Non-Cumulative Non-Convertible Redeemable Preference Shares (RPS) worth ₹2,018 Crores until October 17, 2036. Additionally, Mr. Kushalraj Sonigda was appointed as Senior Management Personnel, and M/s T. P. Ostwal & Associates LLP was recommended as the new Statutory Auditors for a five-year term.

Tata Teleservices (Maharashtra) Ltd announced the appointment of M/s T. P. Ostwal & Associates LLP as its new Statutory Auditors. This appointment is recommended by the Audit Committee and approved by the Board of Directors. The auditors will serve for a term of five consecutive years, from the conclusion of the 32nd AGM in 2027 until the conclusion of the 37th AGM in 2032, subject to shareholder and statutory approvals. The Board also approved the unaudited financial results for the first quarter ended June 30, 2026, which received an unmodified limited review report from the outgoing auditors, M/s. Price Waterhouse Chartered Accountants LLP. Additionally, the Board approved an extension for the redemption of Redeemable Preference Shares until October 17, 2036, and appointed Mr. Kushalraj Sonigda as Senior Management Personnel.

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.

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.

Tata Teleservices (Maharashtra) Ltd announced its unaudited financial results for the first quarter ended June 30, 2026. The Board of Directors also approved an extension for the redemption of Redeemable Preference Shares until October 17, 2036. Additionally, Kushalraj Sonigda was appointed as Senior Management Personnel, and T. P. Ostwal & Associates LLP was recommended as the new Statutory Auditors for a five-year term starting from the 32nd AGM in 2027. The financial results received a limited review report with an unmodified opinion from the outgoing auditors, Price Waterhouse Chartered Accountants LLP.

Tata Teleservices (Maharashtra) Ltd has announced a Board of Directors meeting scheduled for July 22, 2026. The meeting agenda includes the consideration and approval of the un-audited financial results for the first quarter ended June 30, 2026. Additionally, the board will discuss and potentially approve a further extension for the redemption period of 20,18,00,000 Non-cumulative Redeemable Preference Shares (RPS) valued at ₹2,018 Crores, issued in 2016 to Tata Teleservices Limited. The trading window for designated persons remains closed until 48 hours after the results are made public.

Tata Teleservices (Maharashtra) Ltd has received a notice from the Brihanmumbai Municipal Corporation (BMC) imposing a penalty of ₹50,000. The penalty is for the non-maintenance of a utility chamber on a municipal road. The company received the notice on July 8, 2026, and has stated that the maximum financial impact is limited to the penalty amount. Tata Teleservices is currently examining the correctness of the penalty demanded by the BMC.

Tata Tele Business Services (TTBS) has launched a nationwide campaign titled '#RozBanateHainNayaKal' to celebrate Micro, Small, and Medium Enterprises (MSMEs) in India. The campaign aims to recognize the contributions of MSMEs in driving economic activity, fostering innovation, and creating livelihoods. It highlights the resilience of MSMEs in overcoming challenges and emphasizes their role in shaping India's future. TTBS reaffirms its commitment to supporting MSME growth through its digital solutions, including connectivity, collaboration, cloud, security, and communication services. The campaign will feature digital stories and customer narratives to showcase these enterprises.

Tata Teleservices (Maharashtra) Ltd has received an order from the Commissioner, CGST & Central Excise Commissionerate, Belapur, under Section 73 of the Finance Act, 1994. The order reduces a penalty from ₹36,14,39,671 to ₹7,57,41,389, along with applicable tax and interest. The penalty pertains to alleged irregular availment of Cenvat Credit during FY 2009-10 to 2011-12. The company disagrees with the order and plans to take appropriate action.