Tata Communications Receives Board Approval for ₹1,000 Crore NCD Issuance

Tata Communications Ltd. has received board approval to raise up to ₹1,000 crore through non-convertible debentures (NCDs) on a private placement basis. The decision was announced on Thursday through an exchange filing. An internal committee has been authorised to finalise the terms of issuance and allotment.

The issuance will be conducted via private placement, with the total amount capped at ₹1,000 crore. The board has not yet disclosed the coupon rate, maturity period, or tranche details. These will be decided by the authorised internal committee.

Intra-Group Share Purchase from Kaleyra SPA

In a separate development, the company has signed an intra-group share purchase agreement. It will acquire the entire equity of its step-down wholly owned subsidiary, Solutions Infini Technologies (India) Pvt Ltd, from Kaleyra SPA. The transaction is valued at ₹123.6 crore.

Tata Communications Q1FY26 Results

For the quarter ended June 2025, the company's net profit for the quarter ended June 2025 was ₹190 crore, a significant 42.9% year-on-year decrease from ₹333 crore in the same period last year.

The company reported a 6.6% rise in revenue to ₹5,690 crore, fueled by a 17.4% year-over-year increase in its digital portfolio and 9.4% expansion in data services, which accounted for ₹5,130 crore.

Whereas EBITDA for the quarter held steady at ₹1,137 crore. However, the EBITDA margin saw a slight dip to 19.1% this year, down from 20.3% a year ago.

Tata Communications Share Price Performance

As of 10:10 AM on July 18, 2025, Tata Communications share price was trading at ₹1,788.60, up 3.29%. Over the past 12 months, the stock has declined 6.45%, but it has shown a 1.66% increase year-to-date.

Read More: TCS Pays Full Q1 Variable to 70% Employees Amid Macro Challenges!

Conclusion

Tata Communications has initiated steps to raise funds and restructure its internal holdings. Both actions were disclosed as part of routine corporate updates without further commentary or projections.

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