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Tata Technologies Limited — Capital/Financing Update 2024
Nov 20, 2024
60382_rns_2024-11-20_70c681c2-8d35-4ef4-ac6f-a3763822d348.pdf
Capital/Financing Update
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Ref. No.: TTL/COSEC/SE/2024-25/75
November 20, 2024
BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai- 400001, India. Mumbai – 400 051, India. Scrip Code: 544028 Trading symbol: TATATECH
Dear Sir / Madam,
Subject: Disclosure in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) we would like to inform that Tata Technologies Limited (‘the Company’) has today signed a Memorandum of Agreement (‘MoA’) with Department of Industries & Commerce, Government of Tripura, Secretariat, Agartala, for ITI Upgrade project for upgrading 19 ITI across Tripura.
The details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed as Annexure ‘A’.
The above information is being made available on the website of the Company www.tatatechnologies.com.
Thanking you.
For Tata Technologies Limited
VIKRANT Digitally signed by VIKRANT CHANDRASHEKHAR CHANDRASHE GANDHE Date: 2024.11.20 18:52:36 KHAR GANDHE +05'30'
Vikrant Gandhe Company Secretary
Encl: as above
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Tata Technologies Limited Plot No 25, Rajiv Gandhi Infotech Park | Hinjawadi, Pune 411057 | India Tel: +91 20 6652 9090 | Fax: +91 20 6652 9035 CIN L72200PN1994PLC013313 Email: [email protected] Website: www.tatatechnologies.com
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Annexure A
| Sr. No. | Particulars | Details |
|---|---|---|
| a) | Name of the entity awarding the order(s)/contract(s) |
Department of Industries & Commerce, Government of Tripura, Secretariat, Agartala |
| b) | Significant terms and conditions of order(s)/ contract(s) awarded in brief |
a. Total ITI to be Upgraded: 19 in two phases. b. Once Upgraded, 6 new long-term trades and 23 short- term courses will be launched in a scheduled manner. c. The total new infrastructure of 13,500 SFT in each ITI will be built by the Government to support the initiative. d. MOA Duration: 5 years and 9 months, can be extended by another 5 years with added scope & associated commercials e. TCV: INR 95.65 Crores excludingGST |
| c) | Whether order(s) / contract(s) have been awarded by domestic/ international entity; |
Domestic |
| d) | Nature of order(s) / contract(s); |
Deliverable based |
| e) | Whether domestic or international |
Domestic |
| f) | Time period by which the order(s)/contract(s) is to be executed |
5 years and 9 months |
| g) | Broad consideration or size of the order(s)/contract(s) |
INR 95.65 Crores for the overall upgrade, training, maintenance and associated services |
| h) | Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/ contract(s)? If yes, nature of interest and details thereof |
No |
| i) | Whether the order(s)/ contract(s) would fall within related party transactions? If yes, whether the same is done at “arm’s length”. |
No |
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Tata Technologies Limited Plot No 25, Rajiv Gandhi Infotech Park | Hinjawadi, Pune 411057 | India Tel: +91 20 6652 9090 | Fax: +91 20 6652 9035 CIN L72200PN1994PLC013313 Email: [email protected] Website: www.tatatechnologies.com