NSENews Verification4d ago · 7 Aug 2026, 01:27 pm

News Verification

Tata Technologies Limited · TATATECH

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Tata Technologies Limited has clarified that the news report about Honda outsourcing a new vehicle program to the company to cut costs is not new information and was already disclosed in the company's earnings releases.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10

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Full Announcement

The Exchange has sought clarification from Tata Technologies Limited with respect to recent news item captioned Tata Tech shares rise 7% as report says Honda outsourced new vehicle programme to company to cut costs. The response from the Company is attached.

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TTLNSE_07082026132656_TTL_Response_to_Rumour_Verification_07082026_S.pdf

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Ref. No.: TTL/COSEC/SE/2026-27/47 August 7, 2026 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 Sirs/Madam, Sub.: Reply to clarification /Confirmation on news item appearing in “Media/Publication”/ rumour verification Ref.: NSE/CM/Surveillance/17339 dated August 07, 2026 and BSE L/SURV/ONL/RV/SJ/ (2026- 2027)/ 67. This is in response to your e-mails on the captioned subject seeking clarification on the recent news item which appeared in the “Website-www.moneycontrol.com” dated August 07, 2026 captioned “Tata Tech shares rise 7% as report says Honda outsourced new vehicle programme to company to cut costs”. In this regard, we would like to clarify that the Company in its earnings calls announces/ informs the investors, deal wins if any, which the Company secures in the normal course of business. As per this normal business practice, the Company had previously disclosed the award of a vehicle development program from a Japanese OEM as part of its business updates in the Company's Q4 FY26 earnings release issued in May 2026 and subsequently reiterated the same in its Q1 FY27 earnings release issued in July 2026. Further, securing engineering and product development programs from global OEMs forms part of the ordinary course of the Company's business, and the Company regularly announces significant client engagements and deal wins as part of its periodic disclosures and earnings communications. With this background and fact that information about engagement with Japanese OEM has already been discussed, we would like to deny this news as undisclosed information. Accordingly, the matter referred to in the news report does not trigger any separate disclosure requirement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 since it is in normal course of business. We would also like to state that the Company is bound by confidentiality obligations and contractual commitments with its customers. In view of such obligations, the Company does not disclose the identity of customers unless specifically permitted under the relevant contractual arrangements. Consequently, the Company is not in a position to confirm or comment on the identity of the customer referred to in the media report. 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: investor@tatatechnologies.com Website: www.tatatechnologies.com The Company remains committed to complying with all applicable disclosure requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and ensuring timely dissemination of material information to stakeholders. This is for your information and records. For Tata Technologies Limited Raghav Mulay Company Secretary and Compliance Officer 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: investor@tatatechnologies.com Website: www.tatatechnologies.com