Tata Consultancy Services (TCS) — Announcement

TCS has announced the acquisition of TRIL Bengaluru Real Estate Five Limited and TRIL Bengaluru Real Estate Six Limited, both wholly owned subsidiaries of Tata Realty and Infrastructure Limited. The acquisition involves purchasing Optionally Redeemable Convertible Debentures and 100% equity shares for INR 1,625 crore. These entities are engaged in developing real estate and infrastructure facilities in India, with the primary purpose being the acquisition of land for building delivery centers.

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About Tata Consultancy Services Limited (TCS)

Information Technology · IT - Software · Listed on NSE

Market Cap: ₹8,19,135.01 Cr P/E: 17.2 ROE: 50.4% ROCE: 67.6%

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