Tata Communications Limited — Major Shareholding Notification 2021

Mar 19, 2021

HQ/CS/CL.24B/17076C March 19, 2021

National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Mumbai – 400 051 SYMBOL: TATACOMM

BSE Limited P.J. Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 500483

Dear Sir / Madam,

Sub.: Intimation under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 ("Insider Trading Regulations")

Please find attached the two disclosures pursuant to Regulation 7(2) read with Regulation 6(2) of the Insider Trading Regulations with respect to intimation received on 18 March 2021 from the President of India (as represented by and acting through the Ministry of Communications, Government of India), a promoter of the Company, for sale of Equity Shares of the Company.

We request you to treat this intimation as compliance with Regulation 7(2)(b) of the Insider Trading Regulations and take the same on record.

Thanking you,

Yours faithfully, For Tata Communications Limited

Sudipto Das Deputy General Manager हिन्दी का मान : राष्ट्र का सम्मान

ef. No.: [29-6/2020-SU (Part)] te: March 18, 2021

Tata Communications Limited VSB, Mahatma Gandhi Road, Fort, Mumbai - 400001. Maharashtra, India

Dear Sir/ Madam,

भारत सरकार संचार और सूचना प्रौद्योगिकी मंत्रालय दूरसंचार विभाग संचार भवन, 20, अशोका रोड नई दिल्ली-110 001 Government of India Ministry of Communications & IT Department of Telecommunications Sanchar Bhawan, 20 Ashok Road New Delhi-110 001

WEBSITE: www.dot.gov.in

Disclosure under Regulation 7 (2) (a) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended ("SEBI Insider Trading Regulations") Sub:

Ref:

• Disclosure under Regulation 10(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SEBI Takeover Regulations") - $\mathbf{1}$ Intimation dated March 04, 2021 by Panatone Finvest Limited ("Buyer") to stock exchanges in respect of Regulation (10)(1)(a) of the SEBI Takeover Regulations.
• 1. Our application dated March 15, 2021 for pre-trading approval in Equity Shares of Tata Communications Limited ("Company") and approval dated March 15, 2021 from the Compliance Officer of the Company.

We wish to inform you that we have sold 2,85,00,000 Equity Shares (ISIN: INE151A01013; BSE Scrip Code: 500483; NSE Scrip Code: TATACOMM) held by us in the Company representing 10% of the total shareholding of the Company, to the Buyer on March 18, 2021, by way of an off-market trade, in compliance with the exemption dated February 12, 2021 granted by the Securities and Exchange Board of India ("SEBI") to the Buyer and us, from cooling-off period as per clause 1(b) of the 'Comprehensive Guidelines on Offer for Sale (OFS) of Shares by Promoters through the Stock Exchange Mechanism' issued by the SEBI vide circular no CIR/MRD/DP/18/2012 dated July 18, 2012, read along with the circulars issued by SEBI in respect thereof, as modified and supplemented from time to time.

In compliance with Regulation 7(2)(a) of the SEBI Insider Trading Regulations, we are hereby notifying the Company about the aforesaid disposal of the Equity Shares by us, within 2 trading days of the disposal.

Enclosed is the report in the format prescribed in Form C of the circular bearing number SEBI/HO/ISD/ISD/CIR/P/2021/19 dated February 09, 2021, issued by SEBI, along with a copy of the said exemption granted by SEBI.

The above is for your information and records.

Yours sincerely,

For and on behalf of the President of India Department of Telecommunications, Ministry of Communications, Government of India

(वी. के. नाथ) (B. K. NATH) निदेशक (पी.एस.यू.-।।।) . Director (PSU-III)
Director (PSU-III)
पुरुषंचार विभाग, भारत सरकार Name: BIJOY KUMAR^INATH

Designation: DIRECTOR (PSU-Jieptt, of Telecom, Govt. of India
Designation: DIRECTOR (PSU-Jieptt, of Telecom, Govt. of India

Enclosures:

• ....
  Report notifying the information regarding sale of Equity Shares in the format prescribed in Form C of the circular bearing number SEBI/HO/ISD/ISD/CIR/P/2021/19 dated February 09, 2021, issued by $\mathbf{1}$ .
• SEBI: and
• 1. Exemption dated February 12, 2021 granted by SEBI.

FORM C
SEBI (Prohibition of Insider Trading) Regulations, 2015

Name of the company: Tata Communications Limited
ISIN of the company: INE151A01013

Details of change in holding of Securities of Promoter, Member of the Promoter Group, Designated Person or Director of a listed company and immediate relatives of such persons
and other such persons as mentioned in Regulat

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18/03/2021

nge on Excha which execut trade was the ه		Ľ
of Date of Mode of acquisiti /disposal market public/ rights $\overline{\text{con}}$ $\overline{\phantom{0}}$	offer/off transfer, preferen market Inter-se ESOP s etc.) tial	$\overline{14}$
intimat $ion$ to compa ry		13
of shares disposal of acquisition allotment advice/ shares, specify	$\Gamma$ o	12 $\frac{1}{2}$
Securities held post Date	Fro E and of sharehol ding	$\overline{10}$
acquisition/disposal	securitie $\frac{9}{6}$ s (For eg. -Shares, Converti Warrant Debentu ent, etc.) entitlem Rights res, ble	$\overline{9}$
	Transactio Type of No. (Purchase/ Type sale Pledge Others- Invocation Revocatio specify) please	$\infty$
Disposed	Value	$\overline{r}$
	No.	$\bullet$
Securities acquired	s (Foreg. securitie -Shares, Converti Warrant ent, etc.) Debentu entitlem Rights ble res,
acquisition/	holding	4
of Securities held prior disposal $\overline{e}$	Type of No. and Type of securitie $\frac{9}{6}$ of s (For eg. share entitleme -Shares, Warrant Converti Debentu nts etc.) Rights ble res,
mber of the (Promoter/me ted person/ group/designa promoter Director Person	to/others etc.) s/immediate relative	2
Name, PAN, Category address with CIN/DIN, & contact nos.

B/ 18/03/2021

N.A.
market inter-se transfer of shares between promoter Off-
March 18, 2021
٠. Mar 4
$rac{5}{2}$ = $\frac{3}{2}$ = $\frac{3}{2}$ = $\frac{1}{2}$
Nil Equity Shares and and the paid the share share share of capital of the Company
Equity Shares
Sale
Rs. 33,89,20,91,7 00.00 only
Equity Shares (10% of the paid- the $\overline{\phantom{a}}$ capital of the Compan y) 2,85,00, up equity share $\frac{8}{1}$
Equity Shares
the of the and 10% Compan 2,85,00, paid-up Equity Shares capital of th equity share $\frac{8}{1}$
Shares Equity
Promoter
The s, Government of I-2: acting tions, Ministry Communication ð Telecommunica and represented by the Department ("Promoter") President through Name: India of of	Exempted PAN:	Address: 1422 INDIA 110001 BHAWAN 20 NEW DELHI SANCHAR ASHOKA ROAD	Contact No.: $[+91-11-2303-6330]$

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Details of trading in derivatives on the securities of the company by Promoter, member of the promoter group, designated person or Director of a listed company and immediate relatives of such persons and other such persons as mentioned in Regulation 6(2).

Exchange on which the trade was ontract, Futures or Options etc.)	executed Sell	Number of units (contracts * lot size) contracts * Notional Value	22	$\sum_{i=1}^{n}$ Ź $\mathbb{X}^{\mathsf{A}}$
vpe of c tives (Specily 1		Jumber of unity lot size)
in derivat		lotiona alue
	Contract
	ype o	contrac		₹

Yours sincerely,

For and on behalf of the President of India

Department of Telecommunications, Ministry of Communications, Government of India

(बी. के. नाथ)
(B. K. NATH)
निदेशक (पी.एस.यु.-!!!) Hooking Read (B)

Name: BLJOY KUMAR NATH And Section (PSU-111)
Designation: DIRECTOR (PSUMM) of Newm, street, of India
Designation: DIRECTOR (PSUMM) of Reefly New Delhi Ph: 2303-6330

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Date: March 18, 2021 Place: New Delhi

हिन्दी का मान : राष्ट्र का सम्मान

भारत सरकार संचार मंत्रालय, दूरसंचार विभाग संचार भवन, 20, अशोका रोड़, नई दिल्ली-110 001 Government of India Ministry of Communications Department of Telecommunications Sanchar Bhawan, 20, Ashoka Road, New Delhi - 110 001

WEBSITE: www.dot.gov.in

Ref. No.: [29-6/2020-SU (Part)] Date: March 18, 2021

To,

Tata Communications Limited VSB, Mahatma Gandhi Road. Fort, Mumbai - 400001. Maharashtra, India

Dear Sir/Madam,

Disclosure under Regulation 7 (2) (a) of the Securities and Exchange Board of India (Prohibition Sub: of Insider Trading) Regulations, 2015, as amended ("SEBI Insider Trading Regulations")

Ref: Our application dated March 15, 2021 for pre-trading approval in Equity Shares of Tata Communications Limited ("Company") and approval dated March 15, 2021 from the Compliance Officer of the Company.

Pursuant to the Notice dated March 15, 2021 and the Notice dated March 16, 2021 filed with BSE Limited and National Stock Exchange of India Limited (the "Stock Exchanges"), we have sold 4,13,52,196 Equity Shares to non-retail investors on the basis of the valid bids received from non-retail investors on T day i.e., March 16, 2021 and sold 45,94,689 Equity Shares to retail investors on T+1 day i.e., on March 17, 2021, in aggregate, amounting to 16.12% of the equity share capital of the Company.

In compliance with Regulation 7(2)(a) of the SEBI Insider Trading Regulations, we are hereby notifying the Company about the aforesaid disposal of the Equity Shares by us, within 2 trading days of the disposal.

Enclosed is the report in the format prescribed in Form C of the circular bearing number SEBI/HO/ISD/ISD/CIR/P/2021/19 dated February 09, 2021, issued by SEBI.

The above is for your information and records.

Yours sincerely,

For and on behalf of the President of India Department of Telecommunications, Ministry of Communications, Government of India

(ची. क्षे. भाष्य) 2 (B. K. NATH)
निवेशक (पी.एस.यू.-III)

Name: BIJOY KUMAR NATH
Designation: DIRECTOR (PSU-III) Direction (PSU-III)
Designation: DIRECTOR (PSU-III) Deptt. of Telecom, Govt. of India Ph: +91-11-2303-6330

Enclosure: Report notifying the information regarding sale of Equity Shares in the format prescribed in Form C of the circular bearing number SEBI/HO/ISD/ISD/CIR/P/2021/19 dated February 09, 2021, issued by SEBI.

FORM CONDENSE 2015
SEBI (Prohibition of Insider Trading) Regulations, 2015

Name of the company: Tata Communications Limited
ISIN of the company: INE151A01013

Details of change in holding of Securities of Promoter, Member of the Promoter Group, Designated Person or Director of a listed company and immediate relatives of such persons
and other such persons as mentioned in Regulat

2 4 2021

nge on Excha which execut trade was the ى	15
of Date of Mode of offer/off intimat acquisiti /disposal preferen transfer, market mark Inter-se ESOP s , public/ rights/ $\mathbb{R}^0$ tial etc.) (on	$\overline{14}$
ion to compa ny	13
of shares disposal of $\mathbf{T_{0}}$	12
acquisition allotment advice/ shares, specify Fro E	$\frac{1}{1}$
Securities held post Date and ъ ding No.	10 1
acquisition/disposal s (For eg. sharehol Type of securitie -Shares, Converti Warrant Debentu entitlem Rights res, ble ທົ່	ent, etc.) $\overline{9}$
Transactio Invocation Others- n Type (Purchase/ sale Pledge Revocatio specify) please	$\infty$
Value	$\overline{1}$
	$\overline{6}$
of No. s (For eg. - Shares, Warrant Converti Debentu entitlem Rights res, ble	ent, etc.) $\overline{5}$
holding acquisition	4
Type of No. and Type of securitie % of securitie s (For eg. share s (For eg. -Shares, entitleme Converti Warrant Debentu disposal Rights res, ble $\frac{10}{2}$	nts etc.) $\overline{\mathbf{3}}$
Name, PAN, Category of Securities held prior Securities acquired/Disposed (Promoter/me ted person/ mber of the to/others etc.) group/designa s/immediate promoter Director relative	2
CIN/DIN, & Person address with contact nos.

$1863$ 2021

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of Equity exchange mechanis Promoter an Offer For Sale the stock through through market Shares by the ā Ε	exchange mechanis the the stock For Sale an Offer of Equity Promoter through through Shares market ۵y å $\mathbf{E}$
March 2021 18,	March 2021 18,
Mar 16, đ	Mar 17.202
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11.61% of 3,30,94,6 89 Equity Company capital of up equity the paid- Shares share and the	$\delta$ and 10% the 00 Equity Company 2,85,00,0 paid-up capital Shares equity share of the
Equity Shares	Equity Shares
through the mechanism Shares by exchange Promoter Offer for Sale of Equity stock the	ð through the for ъy mechanism exchange Promoter Shares Equity stock Offer Sale the
49,25,36,41,4 85.63 Rs.	5,38,62,19,21 1.67 Rs.
$(14.51\%$ Compan 4,13,52, paid-up Shares of the Equity capital equity of the share 196 $\mathbf{y}$	the of the 9 Equity 45,94,68 Compan paid-up $(1.61\%$ Shares capital equity share $\sigma$ f $\hat{y}$
Shares Equity	Equity Shares
Compan 7,44,46, 26.12% paid-up Shares 1 capital Equity of the equity of the share and 885 $\rightarrow$	the the 3,30,94, 11.61% Compan Shares 2 paid-up Equity capital equity share 689 and of of $\rightarrow$
Shares Equity	Equity Shares
Promoter	Promoter
Government India No.: Communication Telecommunica Ministry The σf the Department acting and ъy Address: 1422 ("Promoter") $+91 - 11 - 2303$ INDIA 110001 BHAWAN 20 NEW DELHI represented SANCHAR Exempted ASHOKA President Contact through Name: ROAD tions, PAN: 6330 India of of $_{\rm of}$ s,	The ð acting and ъy the Department Telecommunica Government India Ministry Communication ("Promoter") represented President through Name: tions, India ð of σf s,

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Mode of acquisiti /disposal offer/off transfer, preferen $\mathbf{n}$ arket/ market/ Inter-se ESOP s , public/ rights $\mathbf{g}$ tial etc.) $\overline{\mathbf{a}}$	$\overline{14}$
Date of $\mathbf{a}$ intimat compa ion ny	13
ð Tо	$\overline{12}$
disposal of of shares acquisition allotment advice/ shares, specify Date Fro E	$\mathbf{1}$
Securities held post ð and sharehol ding ż. $\delta_{\rm 0}$	$\overline{10}$
acquisition/disposal Type of s (For eg. -Shares, Warrant Converti securitie Debentu entitlem ent, etc.) Rights res, ble s,	o
sale Pledge Type Others- Invocation Transactio (Purchase/ Revocatio specify) please	$\infty$
Value	7
Securities acquired/Disposed Ż.	$\bullet$
Type of securitie s (For eg. – Shares, Warrant Converti $\mathbf{ent}, \mathbf{etc.}$ Debentu entitlem Rights res, ble s,	n
ัธ No. and holding acquisition/ share $\frac{9}{6}$	4
Securities held prior entitleme s (For eg. - Shares, Warrant Converti ð Debentu securitie nts etc.) Rights disposal Type res, ble s, ₿	3
ซี mber of the person/ group/designa (Promoter/me to/others etc.) s/immediate promoter Director Category relative Person ted	2
PAN, with ಳ contact nos. CIN/DIN, address Name,	Contact No.: Address: 1422 INDIA 110001 BHAWAN 20 $[2303 - 6330]$ NEW DELHI SANCHAR Exempted ASHOKA ROAD PAN:

¹ The Offer for Sale was announced on March 15, 2021 for sale of up to 2,85,00,000 Equity Shares, representing 10% of the total paid up equity share capital of the Company, with an option to additionally sell up to 1,74

additionally sell up to 1,74,46,885 Equity Shares representing 6.12% of the total issued and paid-up equity share capital of the Company. The Seller had exercised the Oversubscription Option, by way of its intimation dated

Total Transaction Value (on March 16, 2021 and March 17, 2021): Rs. 54,63,98,60,697.30

Details of trading in derivatives on the securities of the company by Promoter, member of the promoter group, designated person or Director of a listed company and immediate relatives of such persons and other such persons as mentioned in Regulation 6(2).

Exchange on which the trade was	executed			22
		Number of units (contracts *	lot size)		$\mathbb{X}$
	Sell	Notional	Value	20 2
ype of contract, Futures or Options etc.)		of units (contracts * lumber	lot size)
rading in derivatives (Specify	ЯUУ	Votiona	Value
	Contract	pecification			₫
	$[$ ype of	contract

Yours sincerely,

Department of Telecommunications, Ministry of Communications, Government of India For and on behalf of the President of India

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Date: March 18, 2021 Place: New Delhi