Tata Communications names Ganesh Lakshminarayanan as MD and CEO-Designate

Ceo Appointed ExternalManagement Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-5.6%Reaction day

₹1715.00

prior close

₹1734.50

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-1.0%-4.6% vs market

Telecom - Cellular & Fixed line services peers, median of 7sector-2.8%-2.8% vs sector

On the reaction day the stock moved 4.6 pts less than Nifty Midcap 150 and 2.8 pts less than its Telecom - Cellular & Fixed line services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

-1.9

Sessions after the filingfrom the prior close

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Reaction day

-5.6-1.0-4.6-2.8-2.8

Next day

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-10.7+0.6-11.3-0.8-9.8

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-8.5-0.4-8.1-0.7-7.7

15d

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UpDownMarket · Nifty Midcap 150Sector · Telecom - Cellular & Fixed line services peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Tata Communications has selected Mr. Ganesh Lakshminarayanan as Managing Director and CEO (Designate). He currently heads ServiceNow India and SAARC, and was previously CEO of Airtel Business. With 30 plus years of experience across Dell, startups, and telecom, he brings strong enterprise and AI expertise. He will take over from current MD and CEO A. S. Lakshminarayanan, who retires on April 13, 2026. Appointment is subject to regulatory approvals.

Likely market impact

Smooth leadership transition with an experienced external hire focused on enterprise growth and AI. Awaiting regulatory approval before taking charge.