Tata Consultancy Services Limited has informed the Exchange regarding 'Disclosure under Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
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Tata Consultancy Services (TCS) has informed the stock exchanges about the list of Key Managerial Personnel (KMPs) authorized to determine the materiality of any event or information and make disclosures to the exchanges. The four authorized KMPs are: Mr. K Krithivasan (CEO and Managing Director), Ms. Aarthi Subramanian (Executive Director, President and COO), Mr. Samir Seksaria (CFO), and Mr. Yashaswin Sheth (Company Secretary). Mr. Yashaswin Sheth has been designated as the single point of contact for all such materiality-related disclosures. This is filed under Regulation 30(5) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a routine corporate governance filing and does not signal any business or operational change. Shareholders and the stock price are unlikely to be affected, as the disclosure simply names the officials responsible for future regulatory disclosures.