Tata Teleservices Holds 31st AGM; All Resolutions Declared Passed with Requisite Majority

Tata Teleservices Holds 31st AGM; All Resolutions Declared Passed with Requisite Majority​

Tata Teleservices (Maharashtra) Limited successfully convened its 31st Annual General Meeting (AGM) on Friday, June 5, 2026. The meeting, conducted via Video Conferencing or Other Audio Video Means, concluded after all items of business were transacted and passed by the members with the requisite majority.

The AGM commenced at 1100 hours IST and concluded at 1220 hours IST. Mr A. S. Lakshminarayanan, Chairman and Non-Executive Director, virtually chaired the meeting from the Registered Office. The proceedings were overseen by a Scrutiniser appointed for fair and transparent scrutiny of all votes cast during the AGM and through remote e-Voting.

The company reported significant participation levels among members in the virtual setting. Out of 74 participants across Promoter/Promoter Group and Public categories, there were 5 representatives from the Promoter and Promoter Group and 69 from the Public category voting via Video Conference.

Key AGM Outcomes and Financial Approvals​

During the meeting, the company addressed several critical resolutions through remote e-Voting before, during, and following the AGM. The Scrutiniser's Report confirmed that all these resolutions were passed with a majority.

The key operational and financial matters put to vote included:

• Adoption of Audited Financial Statements for the financial year ended on March 31, 2026, along with Board and Auditor Reports.
• Re-appointment of Mr Harjit Singh (DIN:09416905), who retires by rotation.
• Appointment of Mr Harjit Singh as Managing Director.
• Ratification of remuneration paid to M/s Sanjay Gupta & Associates, Cost Accountants, for the financial year ending March 31, 2027.
• Approval of Material Related Party Transactions with Tata Teleservices Limited and Tata Communications Limited.
• A Special resolution concerning Availing or Acceptance of Inter-Corporate Deposits/Loan.

Voting Results Summary​

The overall voting results indicated a high level of engagement from shareholders in the company’s affairs, with 76.9294% of outstanding shares being polled.

The consolidated voting statistics for the AGM are presented below:

Results for Key Resolutions​

The voting percentages demonstrate the unanimous support for strategic and operational decisions:


The Chief Financial Officer, Shinu Mathai, confirmed the results of the AGM, noting that Mr Harjit Singh, Managing Director, delivered a presentation covering the Economy & Industry Review, the Company's performance, and its future growth agenda during the meeting.

TTML Stock Price Movement​

Today, Tata Teleservices (Maharashtra) Limited shares surged in post-market trading to close at ₹46.16, gaining 4.32%. The equity traded on the strong momentum, with a total volume of over 32 million shares recorded during the session.