Corporate Announcement
Security Code : 500483    Company : TATACOMM    
 
Reply To New Clarification - Pay Dues Before Deal, Govt May Tell Tata TeleDownload PDF Download XBRL
  Exchange Received Time  29/05/2018 14:55:05         Exchange Disseminated Time   29/05/2018 14:55:11              Time Taken   00:00:06
This has reference to the communications received from the Stock Exchanges via emails dated 28 May 2018 on the news item appearing on 'www.livemint.com' dated 28 May 2018 captioned 'Pay dues before deal, govt may tell Tata Tele'. As communicated earlier vide intimation dated 12 October, 2017, Tata Communications Limited, in its normal course of operations, often looks at potential opportunities to strengthen its leadership position in various markets, as a part of which, the Company has been evaluating the strategic fit and financial merits of potentially acquiring the enterprise business of Tata Teleservices Ltd. and Tata Teleservices (Maharashtra) Ltd.

The Company has always made timely disclosures as required under the SEBI (Listing Obligations and Disclosure Requirements) regulations, 2015 and shall continue to do so.

Tata Communications Limited is not in a position to comment on internal procedures of the Government of India, and currently has nothing further to disclose with respect to the news item appearing on 'www.livemint.com'.
 

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