Tata Consultancy Services Limited — Others, 15-11-2024: Action(s) taken or orders passed

Tata Consultancy Services Limited has received a notice from the New Jersey Department of Labor and Workforce Development regarding short deposit and delayed filing of State Unemployment Insurance (SUI) taxes, resulting in a penalty of USD 3,625.45 for certain quarters. The company does not anticipate any material impact on its financial or operational activities due to this issue. This situation presents a minor risk; however, TCS's overall financial health appears stable, potentially sustaining a positive outlook among investors.