Tata Communications has informed exchanges that its wholly owned indirect subsidiary, BUC Mobile, Inc., has been voluntarily dissolved. The entity was incorporated in Delaware, United States. The dissolution became effective from 16 February 2026 after completion of the required filings with the Secretary of State of Delaware.
The company received confirmation of the development through an email communication dated 25 February 2026.
During FY25, BUC Mobile contributed ₹766.70 crore in turnover, accounting for 3.32% of Tata Communications’ consolidated revenue. Its net worth stood at ₹790.15 crore, representing 12.87% of the company’s consolidated net worth for the same period.
The company stated that no agreement for sale or disposal was executed in relation to the subsidiary. As the entity has been dissolved, no consideration has been received from the process.
There were no buyers involved in the transaction. The dissolution did not involve any promoter group participation or related party transaction.
The company clarified that the development does not form part of any scheme of arrangement. It also does not involve a slump sale or transfer of undertaking.
The closure shows the completion of regulatory procedures required under the laws of the State of Delaware.
The disclosure was submitted to both NSE and BSE Limited. It has also been made available on the company’s investor relations website.
Read More: Tata Communications Share Price in Focus; Raises ₹300 Crore Via Commercial Paper!
As of February 27, 2026, 11:27 am, Tata Communications share price was trading at ₹1,591.70, a 4.13% decrease from the previous closing price.
BUC Mobile has ceased to exist as an indirect subsidiary of Tata Communications with effect from 16 February 2026. The company confirmed that no financial proceeds were received following the dissolution.
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Published on: Feb 27, 2026, 12:13 PM IST
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