Tamilnadu Telecommunication Limited — Others, 22-07-2025: Price movement

Tamilnadu Telecommunications Limited (TTL), a sick company, has no ongoing operational activity. Share price movement is linked to the government-owned promoter's decision to sell its stake in TTL. The promoter has engaged transaction advisors, legal advisors, and valuers, who are actively seeking prospective buyers. This significant potential ownership change is public information, undertaken with government consent. This development is crucial for shareholders, as it indicates a major strategic shift for the company.