NSEAcquisition1d ago · 1 Oct 2026, 06:41 pm
Acquisition
Tata Consultancy Services Limited · TCS
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Tata Consultancy Services Limited has informed the Exchange about the acquisition of 100% partnership interest in BBY Services India LLP, a limited liability partnership firm.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment7/10
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Full Announcement
Tata Consultancy Services Limited has informed the Exchange about Acquisition
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TCS_CORPCS_01102026184041_Signed_SE_Letter.pdf
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TCS/SE/94/2026-27
October 1, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, P. J. Towers,
Bandra Kurla Complex, Dalal Street,
Mumbai-400051 Mumbai-400001
Symbol: TCS Scrip Code No. 532540
Dear Sirs,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”)
Pursuant to Regulation 30 of SEBI Listing Regulations, we wish to inform you regarding the
acquisition of 100% partnership interest in BBY Services India LLP, a limited liability
partnership firm. In this regard, the Agreement for proposed transfer of partnership interest
(“Agreement”) has been executed today. The completion of the acquisition is subject to
fulfilment of conditions precedent as specified in the Agreement.
We are enclosing herewith the brief details of the above as prescribed under SEBI Listing
Regulations as Annexure A.
The meeting of the Investment Committee (as empowered by the Board of Directors) held
today to approve the aforesaid acquisition, commenced at 3:35 p.m. and concluded at 4:05 p.m.
The above information is also available on the website of the Company www.tcs.com.
Thanking you,
Yours faithfully,
For Tata Consultancy Services Limited
Yashaswin Sheth
Company Secretary
ACS 15388
9th Floor Nirmal Building Nariman Point Mumbai 400 021
Tel 91 22 6778 9595 Fax 91 22 6630 3672 e-mail corporate.office@tcs.com website www.tcs.com
Registered Office 9th Floor Nirmal Building Nariman Point Mumbai 400 021
Corporate Identity No. (CIN): L22210MH1995PLC084781
Annexure A
Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
S/n. Particulars Details
1. Name of the target entity, details in BBY Services India LLP (“BBY India”) having
brief such as size, turnover etc. LLPIN: ACE-2860, was incorporated in
Bengaluru in 2023. The entity has an employee
base of ~450 employees engaged in
Engineering, Data & Analytics and
AI capabilities.
2. Whether the acquisition would fall The Proposed Transaction does not fall within
within related party transaction(s) and the ambit of related party transaction.
whether the promoter/ promoter
group/ group companies have any The promoter/promoter group/group
interest in the entity being acquired? companies do not have any interest in the entity
being acquired.
If yes, nature of interest and details
thereof and whether the same is done
at “arm’s length”
3. Industry to which the entity being Information Technology (IT) and IT Enabled
acquired belongs Services
4. Objects and impact of acquisition Establishment of an AI Native Capability
(including but not limited to, Center; delivery of services through a Human
disclosure of reasons for acquisition + AI operating model; enhancement of AI-led
of target entity, if its business is transformation capabilities; and generation of
outside the main line of business of incremental revenue opportunities.
the listed entity)
5. Brief details of any governmental or Not Applicable
regulatory approvals required for the
acquisition
6. Indicative time period for completion 3 – 4 weeks from date of the signing of the
of the acquisition Agreement
7. Consideration - whether cash Cash consideration
consideration or share swap or any
other form and details of the same
8. Cost of acquisition and/or the price at INR 1 Lakh
which the shares are acquired
9th Floor Nirmal Building Nariman Point Mumbai 400 021
Tel 91 22 6778 9595 Fax 91 22 6630 3672 e-mail corporate.office@tcs.com website www.tcs.com
Registered Office 9th Floor Nirmal Building Nariman Point Mumbai 400 021
Corporate Identity No. (CIN): L22210MH1995PLC084781
S/n. Particulars Details
9. Percentage of shareholding / control 100%
acquired and / or number of shares
acquired
10. Brief background about the entity For details of brief background refer to
acquired in terms of products/line of Point (1).
business acquired, date of
incorporation, history of last 3 years Last 3 years turnover:
turnover, country in which the • FY 2023-24: NIL
acquired entity has presence and any • FY 2024-25: INR 48.12 crore
other significant information (in brief) • FY 2025-26: INR 294.53 crore
9th Floor Nirmal Building Nariman Point Mumbai 400 021
Tel 91 22 6778 9595 Fax 91 22 6630 3672 e-mail corporate.office@tcs.com website www.tcs.com
Registered Office 9th Floor Nirmal Building Nariman Point Mumbai 400 021
Corporate Identity No. (CIN): L22210MH1995PLC084781