TATACOMMNSETata Communications Limited· Telecommunication - ServicesMediumNeutral
Announced Wed, 22 Apr · 16:30 IST

Tata Communications Limited has informed the Exchange about change in Senior Management Personnel - 1. Appointment of Mr. Vivek Manglik as Executive Vice President (Interaction Fabric) wef May 4, 2026. 2. Retirement of Mr. Mukul Kumar as Head ESG wef April 30, 2026.

Management Changes View source PDF

TATACOMM · price

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Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹1527.00
prior close
₹1535.00
base price
After-mkt
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+0.3+0.3+1.0+0.0-0.6+3.1+4.6+4.3+3.9+2.5+9.2+26.1+32.6+17.5
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AI summary

Tata Communications' board approved audited results for FY26, with consolidated revenue rising to ₹25,104 crore from ₹23,239 crore a year ago, but profit after tax dropping to ₹997 crore from ₹1,837 crore, mainly because FY25 had one-time gains from asset sales and subsidiary divestitures. From continuing operations alone, FY26 PAT was ₹1,039 crore versus ₹1,626 crore in FY25. The board recommended a final dividend of ₹17.50 per share (175%), down from ₹25 per share last year. Statutory auditor S.R. Batliboi & Associates gave an unmodified (clean) opinion, and the board recommended appointing Deloitte Haskins & Sells LLP as the new statutory auditor for a 5-year term starting from the 2027 AGM. The company also announced the appointment of Vivek Manglik as EVP – Interaction Fabric effective May 4, 2026, and the retirement of Mukul Kumar as Head ESG effective April 30, 2026.

Likely market impact

Profitability is weaker year-on-year because FY25 was boosted by one-time property sale and subsidiary divestiture gains, so the headline PAT decline looks worse than the underlying business, which continues to grow. The lower dividend (₹17.50 vs ₹25) signals more modest cash distribution this year. The auditor change is a routine rotation and the senior management moves are minor, with no impact on top leadership.