Tata Communications Limited — Board Meeting, 22-01-2025: Outcome of Board Meeting

The Board of Tata Communications has passed key resolutions, including the approval of its unaudited consolidated financial results for the quarter and nine months ended December 31, 2024. The company reported total income of ₹17,179.74 crore, with a profit after tax of ₹256.73 crore for the quarter. Additionally, the Board has approved an investment of up to ₹770 crore in its subsidiary, Tata Communications (Netherlands) B.V., aimed at simplifying the group structure. This investment involves subscribing to new shares to streamline ownership, while the company's overall financial health appears stable.