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TCS seeks shareholders’ nod for related celebration transactions
Business new tamfitronics
MUMBAI:
TCS
will approach shareholders on Might well perchance 31 for his or her approval on related celebration transactions worth over Rs 8,000 crore with its promoter
Tata Sons
and its subsidiaries.
New Sebi principles require an organization to scrutinize shareholder approval if the worth of
RPTs
exceeds Rs 1,000 crore or 10% of its consolidated turnover. TCS’s RPTs with Tata Sons and its fingers including Tejas Networks,
Tata Motors
and Jaguar
Land Rover
stood at Rs 8,336 crore in FY24, per the tool companies and products company’s glimpse to shareholders.
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