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NOTES FORMING PART OF CONSOLIDATED FINANCIAL STATEMENTS 1-37| | | As per our report of even date attached For and on behalf of the Board For B S R & Co. LLP N Chandrasekaran V Ramakrishnan O P Bhatt Hanne Birgitte Breinbjerg Sorensen Chartered Accountants Chairman CFO Director Director Firm's registration no: 101248W/W...
# Annual Report 2018-19 # Notes forming part of the Consolidated Financial Statements Purchase consideration paid in excess of the fair value of net assets acquired is recognised as goodwill. Where the fair value of identifiable assets and liabilities exceed the cost of acquisition, after reassessing the fair values of...
The standard is applied retrospectively only to contracts that are not completed as at the date of initial application and the comparative information in the consolidated statement of profit and loss is not restated - i.e. the comparative information continues to be reported under Ind AS 18 and Ind AS 11. Refer note 2(...
* Judgement is also required to determine the transaction price for the contract. The transaction price could be either a fixed amount of customer consideration or variable consideration with elements such as volume discounts, service level credits, performance bonuses, price concessions and incentives. The transaction...
# (j) Foreign currency Foreign currency transactions are recorded at exchange rates prevailing on the date of the transaction. Foreign currency denominated monetary assets and liabilities are retranslated at the exchange rate prevailing on the balance sheet date and exchange gains and losses arising on settlement and r...
Deferred tax assets include Minimum Alternative Tax (MAT) paid in accordance with the tax laws in India, to the extent it would be available for set off against future current income tax liability. Accordingly, MAT is recognised as deferred tax asset in the balance sheet when the asset can be measured reliably and it i...
If the hedged future cash flows are no longer expected to occur, then the amounts that have been accumulated in other equity are immediately reclassified in net foreign exchange gains in the statement of profit and loss. The effective portion of change in the fair value of the designated hedging instrument is recognise...
Following table summarises the nature of intangibles and their estimated useful lives: |Type of asset|Useful lives| |---|---| |Acquired contract rights|3-12 years| |Rights under licensing agreement and software licences|Lower of licence period and 2-5 years| |Customer-related intangibles|3 years| # (p) Impairment # (i)...
# (iv) Compensated absences Compensated absences which are expected to occur within twelve months after the end of the period in which the employee renders the related services are recognised as undiscounted liability at the balance sheet date. Compensated absences which are not expected to occur within twelve months a...
On transition, for leases other than short-term leases and leases of low value assets, the Group will recognise a right-of-use asset of ` 5,623 crore and a corresponding lease liability of ` 6,555 crore with the cumulative effect of applying the standard by adjusting retained earnings net of taxes. There will be conseq...
The Group will apply the pronouncement if and when it obtains control / joint control of a business that is a joint operation. # 4) Acquisitions The Company acquired W12 Studios Limited, an award-winning digital design studio based in London on October 31, 2018. The Company paid ` 66 crore (GBP 7 million) to acquire 10...
# 7) Other intangible assets Intangible assets consist of the following: | |Acquired contract rights|Rights under licensing agreement and software licences|Customer-related intangibles|Total| |---|---|---|---|---| |Cost as at April 1, 2018|369|80|89|538| |Additions|-|178|-|178| |Acquisition through a business combinati...
134 I Consolidated Financial Statements # Notes forming part of the Consolidated Financial Statements # 11) Income taxes The income tax expense consists of the following: | |Year ended March 31, 2019|Year ended March 31, 2018| |---|---|---| |Current tax| | | |Current tax expense for current year|10,024|8,493| |Current ...
Consolidated Financial Statements I 137 # Annual Report 2018-19 # Notes forming part of the Consolidated Financial Statements Unrecognised deferred tax assets relate primarily to business losses and tax credit entitlement. These unexpired business losses will expire based on the year of origination as follows: |March 3...
Consolidated Financial Statements I 139 # Annual Report 2018-19 # Notes forming part of the Consolidated Financial Statements # 13) Inventories Inventories consist of the following: |(` crore)|As at March 31, 2019|As at March 31, 2018| |---|---|---| |(a) Raw materials, sub-assemblies and components|9|25| |(b) Finished ...
# (i) Reconciliation of number of shares | |As at March 31, 2019| |As at March 31, 2018| | |---|---|---|---|---| |Number of shares|Amount (` crore)|Number of shares|Amount (` crore)| | |Equity shares| | | | | |Opening balance|191,42,87,591|191|197,04,27,941|197| |Issued during the year|191,42,87,591|192|-|-| |Shares ex...
# Other equity Other equity consist of the following: | |As at March 31, 2019|As at March 31, 2018| |---|---|---| |(a) Capital reserve (on consolidation)|75|75| |(b) Securities premium| | | |(i) Opening balance|-|1,919| |(ii) Utilised for buy-back of equity shares*|-|(1,919)| | |-|-| |(c) Capital redemption reserve| | ...
# 21) Provisions Provisions consist of the following: # (A) Provisions - Non-current | |As at March 31, 2019|As at March 31, 2018| |---|---|---| |Provision for foreseeable loss|-|26| | |-|26| # (B) Provisions - Current | |As at March 31, 2019|As at March 31, 2018| |---|---|---| |(a) Provision for foreseeable loss|184|1...
# Other income (net) Other income (net) consists of the following: | |(` crore)|Year ended|March 31, 2019|Year ended|March 31, 2018| |---|---|---|---|---|---| |(a) Interest income|2,762|(b) Dividend income|18| | | |(c) Net gain on investments carried at fair value through profit or loss|427|(d) Net gain on sale of inve...
The following table sets out the details of the defined benefit retirement plans and the amounts recognised in the financial statements: |Change in benefit obligations| | |Year ended March 31, 2019| | | |Year ended March 31, 2018| | | | |---|---|---|---|---|---|---|---|---|---|---| |Domestic plans|Domestic plans|Foreig...
The sensitivity analysis below have been determined based on reasonably possible changes of the respective assumptions occurring at the end of the reporting period, while holding all other assumptions constant. If the discount rate increases / decreases by 0.50%, the defined benefit obligations would increase / (decrea...
The Group contributed ` 324 crore and ` 264 crore for the years ended March 31, 2019 and 2018, respectively, to the Employees' Superannuation Fund. # Foreign defined contribution plans The Group contributed ` 1,161 crore and ` 927 crore for the years ended March 31, 2019 and 2018, respectively, towards foreign defined ...
158 I Consolidated Financial Statements # Notes forming part of the Consolidated Financial Statements # The carrying value of financial instruments by categories as at March 31, 2018 is as follows: File: AR_TCS_2018_2019.md | |Fair value through profit or loss|Fair value through other comprehensive income|Derivative in...
of contracts|Notional amount of contracts (` crore)|Fair value (` crore)|No. of contracts|Notional amount of contracts (` crore)|Fair value (` crore)| |US Dollar|28|1,000|128|24|1,466|20| |Great Britain Pound|24|177|23|34|263|(23)| |Euro|33|239|50|26|216|1| |Australian Dollar|26|181|22|21|150|12| |Canadian Dollar|21|99...
It hedges a part of these risks by using derivative financial instruments in line with its risk management policies. The foreign exchange rate sensitivity is calculated by aggregation of the net foreign exchange rate exposure and a simultaneous parallel foreign exchange rates shift of all the currencies by 10% against ...
# Contractual maturities of significant financial liabilities as of: # (` crore) March 31, 2019 | |Due in 1st year|Due in 2nd year|Due in 3rd to 5th year|Due after 5th year|Total| |---|---|---|---|---|---| |Non-derivative financial liabilities|6,292|-|-|-|6,292| |Borrowings|-|18|37|-|55| |Other financial liabilities|4,...
# Information regarding geographical revenue is as follows: |Geography|Year ended March 31, 2019|Year ended March 31, 2018| |---|---|---| |Americas (1)|77,562|66,145| |Europe (2)|43,456|34,155| |India|8,393|7,921| |Others|17,052|14,883| |Total|146,463|123,104| # Geographical non-current assets (property, plant and equi...
total assets minus total liabilities as at March 31, 2019|Share in profit or loss as % of consolidated (` crore)|Amount|Share in Other comprehensive income as % of consolidated (` crore)|Amount|Share in Total comprehensive income as % of consolidated (` crore)|Amount| | | |---|---|---|---|---|---|---|---|---|---|---|--...
Transactions with related parties are as follows: | |Tata Sons Private Limited|Subsidiaries of Tata Sons Private Limited|Associates / joint ventures of Tata Sons Private Limited and their subsidiaries|Other related parties|Total| |---|---|---|---|---|---| |Revenue|27|298|2,241|-|2,566| |Purchases of goods and services ...
LLP Chartered Accountants Firm's registration no: 101248W/W-100022 Yezdi Nagporewalla Partner Membership No: 049265 Mumbai, April 12, 2019 For and on behalf of the Board N Chandrasekaran Chairman V Ramakrishnan CFO O P Bhatt Director Hanne Birgitte Breinbjerg Sorensen Director Rajesh Gopinathan CEO and Managing Directo...
# Adoption of Ind AS 115 - Revenue from Contracts with Customers As described in Note 2(d) to the standalone financial statements, the Company has adopted Ind AS 115, Revenue from Contracts with Customers ('Ind AS 115') which is the new revenue accounting standard. The application and transition to this accounting stan...
# Management's Responsibility for the Standalone Financial Statements The Company's management and Board of Directors are responsible for the matters stated in Section 134(5) of the Act with respect to the preparation of these standalone financial statements that give a true and fair view of the state of affairs, profi...
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. We also provide those charged with governance with a statement that we...
In our opinion, this periodicity of physical verification is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme, certain fixed assets were physically verified during the year and no material discrepancies were noticed on such verification. (c) According to the in...
180 I Unconsolidated Financial Statements # Report of the Auditors # (viii) In our opinion and according to the information and explanations given to us, the Company has not defaulted in the repayment of loans or borrowings to banks. The Company did not have any outstanding loans or borrowings from financial institutio...
We conducted our audit in accordance with the Guidance Note and the Standards on Auditing, issued by ICAI and deemed to be prescribed under Section 143(10) of the Act, to the extent applicable to an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and, both issued by ICAI...
LLP Chartered Accountants Firm's Registration No: 101248W/W-100022 Yezdi Nagporewalla Mumbai Partner 12 April 2019 Membership No: 049265 # Unconsolidated Financial Statements I 183 # Annual Report 2018-19 # Balance Sheet |Note|As at March 31, 2019|As at March 31, 2018| | |---|---|---|---| |ASSETS| | | | |Non-current as...
LLP Chartered Accountants Firm's registration no: 101248W/W-100022 Yezdi Nagporewalla Partner Membership No: 049265 Mumbai, April 12, 2019 For and on behalf of the Board N Chandrasekaran CFO V Ramakrishnan Director O P Bhatt Director Hanne Birgitte Breinbjerg Sorensen CEO and Managing Director Rajesh Gopinathan Directo...
LLP N Chandrasekaran Chairman V Ramakrishnan CFO O P Bhatt Director Hanne Birgitte Breinbjerg Sorensen Director Firm's registration no: 101248W/W-100022 Yezdi Nagporewalla Rajesh Gopinathan Aman Mehta Aarthi Subramanian Dr Pradeep Kumar Khosla Partner CEO and Managing Director Director Director N Ganapathy Subramaniam ...
These financial statements have been prepared on historical cost basis, except for certain financial instruments which are measured at fair value or amortised cost at the end of each reporting period, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideratio...
Refer note 2(d) - Significant accounting policies - Revenue recognition in the Annual report of the Company for the year ended March 31, 2018, for the revenue recognition policy as per Ind AS 18 and Ind AS 11. The impact of the adoption of the standard on the financial statements of the Company is insignificant. Revenu...
The transaction price could be either a fixed amount of customer consideration or variable consideration with elements such as volume discounts, service level credits, performance bonuses, price concessions and incentives. The transaction price is also adjusted for the effects of the time value of money if the contract...
Foreign currency denominated monetary assets and liabilities are retranslated at the exchange rate prevailing on the balance sheet date and exchange gains and losses arising on settlement and restatement are recognised in the statement of profit and loss. Non-monetary assets and liabilities that are measured in terms o...
The Company derecognises a financial asset only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership of the asset to another entity. The Company derecognises financial liabilities when, and only when, the C...
Any gain or loss recognised in other comprehensive income and accumulated in equity till that time remains and is recognised in statement of profit and loss when the forecasted transaction ultimately affects the profit or loss. # (k) Provisions and contingent liabilities A provision is recognised when the Company has a...
Unconsolidated Financial Statements I 195 # Annual Report 2018-19 # Notes forming part of the Financial Statements If the recoverable amount of an asset (or CGU) is estimated to be less than its carrying amount, the carrying amount of the asset (or CGU) is reduced to its recoverable amount. An impairment loss is recogn...
The Company will apply the standard to its leases, retrospectively, with the cumulative effect of initially applying the standard, recognised on the date of initial application (April 1, 2019). Accordingly, the Company will not restate comparative information, instead, the cumulative effect of initially applying this S...
Unconsolidated Financial Statements I 197 # Annual Report 2018-19 # Notes forming part of the Financial Statements # Ind AS 109 - Prepayment Features with Negative Compensation The amendments relate to the existing requirements in Ind AS 109 regarding termination rights in order to allow measurement at amortised cost (...
Unconsolidated Financial Statements I 199 # Annual Report 2018-19 # Notes forming part of the Financial Statements # 5) Intangible assets Intangible assets consist of the following: | |Rights under licensing agreement and software licences| |---|---| |Cost as at April 1, 2018|68| |Additions|161| |Disposals / Derecognis...
# 8) Other financial assets Other financial assets consist of the following: # (A) Other financial assets - Non-current | |As at March 31, 2019|As at March 31, 2018| |---|---|---| |Security deposits|565|504| | |565|504| # (B) Other financial assets - Current | |As at March 31, 2019|As at March 31, 2018| |---|---|---| |...
204 I Unconsolidated Financial Statements # Notes forming part of the Financial Statements # Significant components of net deferred tax assets and liabilities for the year ended March 31, 2019 are as follows: | |Opening balance|Recognised in profit and loss|Recognised in / reclassified from other comprehensive income|C...
In United Kingdom, the statute of limitation generally applies to fiscal 2016 and earlier. # 10) Other assets Other assets consist of the following: # (A) Other assets - Non-current | |(` crore)|As at March 31, 2019|As at March 31, 2018| |---|---|---|---| |(a) Contract assets| |100|-| |(b) Prepaid expenses| |151|237| |...
The Company allotted 191,42,87,591 equity shares as fully paid up bonus shares by capitalisation of profits transferred from retained earnings amounting to ` 86 crore and capital redemption reserve amounting to ` 106 crore. The Board of Directors of the Company at its meeting held on June 15, 2018, approved a proposal ...
# (b) Equity shares extinguished on buy-back The Company bought back 7,61,90,476 equity shares for an aggregate amount of ` 16,000 crore being 1.99% of the total paid up equity share capital at ` 2,100 per equity share. The equity shares bought back were extinguished on September 26, 2018. The Company bought back 5,61,...
Unconsolidated Financial Statements I 213 # Annual Report 2018-19 # Notes forming part of the Financial Statements # Movement in Investment revaluation reserve | |Year ended March 31, 2019|Year ended March 31, 2018| |---|---|---| |Balance at the beginning of the year|(18)|538| |Net gain / (loss) arising on revaluation ...
While disclosing the aggregate amount of transaction price yet to be recognised as revenue towards unsatisfied (or partially) satisfied performance obligations, along with the broad time band for the expected time to recognise those revenues, the Company has applied the practical expedient in Ind AS 115. Accordingly, t...
# The following table sets out the details of the defined benefit retirement plans and the amounts recognised in the financial statements: | |Year ended March 31, 2019|Year ended March 31, 2018| |---|---|---| |Change in benefit obligations| | | |Benefit obligations, beginning of the year|2,307|2,083| |Service cost|289|...
The defined benefit obligations shall mature after year ended March 31, 2019 as follows: |Year ending March 31,|Defined benefit obligations| |---|---| |2020|241| |2021|223| |2022|233| |2023|233| |2024|230| |2025-2029|1,155| # Provident fund In accordance with Indian law, all eligible employees of the Company in India a...
# 27) Corporate Social Responsibility (CSR) As per section 135 of the Companies Act, 2013, amount required to be spent by the Company during the year ended March 31, 2019 and 2018 is ` 542 crore and ` 497 crore, respectively, computed at 2% of its average net profit for the immediately preceding three financial years, ...
# Fair value hierarchy: The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable and consists of the following three levels: - Level 1 -- Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities....
Exchange gain of ` 405 crore and exchange loss of ` 52 crore on foreign exchange forward, currency options and futures contracts that do not qualify for hedge accounting have been recognised in the consolidated statement of profit and loss for the years ended March 31, 2019 and 2018, respectively. Net foreign exchange ...
The following table sets forth information relating to foreign currency exposure as at March 31, 2018: | |USD|EUR|GBP|Others| |---|---|---|---|---| |Net financial assets|3,783|431|944|1,218| |Net financial liabilities|3,077|323|761|541| 10% appreciation / depreciation of the respective foreign currencies with respect t...
# 32) Segment information The Company publishes the unconsolidated financial statements of the Company along with the consolidated financial statements. In accordance with Ind AS 108, Operating Segments, the Company has disclosed the segment information in the consolidated financial statements. # 33) Commitments and Co...
Transactions with related parties are as follows: | |Tata Sons Private Limited|Subsidiaries of the Company|Subsidiaries of Tata Sons Private Limited|Associates / joint ventures of Tata Sons Private Limited and their subsidiaries|Other related parties|Total| |---|---|---|---|---|---|---| |Revenue|27|15,999|266|2,215|-|1...
The proposal is subject to the approval of shareholders at the Annual General Meeting, and if approved, would result in a cash outflow of approximately ` 8,142 crore, inclusive of corporate dividend tax of ` 1,388 crore. As per our report of even date attached For B S R & Co. LLP Chartered Accountants Firm's registrati...
No.|Name of the Subsidiary Company|Date of becoming subsidiary|Start date of accounting period|End date of accounting period|Currency|Exchange Rate|Share Capital|Reserves and Surplus|Total Assets|Total Liabilities|Turnover|Profit before Tax|Provision for Tax|Profit after Tax|Proposed Dividend|% of shareholding|Country|...
# Basis Point A basis point is one hundredth of a percentage point, that is, 0.01 percent. # BFSI # Big Data Big Data is high volume, high velocity, and/or high variety information assets that require new forms of processing to enable enhanced decision making, insight discovery, and process optimization. # Blockchain B...
# Discretionary Spend Discretionary spend, also known as Change the Business (CTB) spend, is that portion of the IT budget which is used to fund projects that are not, strictly speaking, essential for day to day operations, but are more transformational in nature. In uncertain economic times, when businesses are forced...
Invested funds = Cash and bank balances + Investments + Deposits with banks + Inter-corporate deposits # IoT See Internet of Things # KMP See Key Managerial Personnel # Key Managerial Personnel KMP at TCS refers to the Chief Executive Officer and Managing Director, Chief Operating Officer, Chief Financial Officer, and ...
# Robotic Process Automation RPA is the use of software to automate high-volume, repeatable tasks that previously required humans to perform. RPA is best suited for relatively simple and stable processes. Dynamic changes in the environment require ongoing upkeep of the robots, diluting the economic benefit of the autom...
with STD Code: Mobile No.: Address: Email Id: *Self attested copy of the document(s) enclosed # Bank Details: IFSC: (11 digit) MICR: (9 digit) Bank A/c Type: Bank A/c No.: * Name of the Bank: Bank Branch Address: * Original cancelled cheque is enclosed to enable verification of bank details I /We hereby declare that th...
Signature ___________________________________ Signature ___________________________________ # PROXY FORM [Pursuant to Section 105(6) of the Companies Act, 2013 and Rule 19(3) of the Companies (Management and Administration) Rules, 2014] Name of the Member(s) : ..............................................................
(CIN): L22210MH1995PLC084781 b) To all Members in respect of shares held in physical form after giving effect to valid transmission or transposition requests lodged with the Company as of the close of business hours on Thursday, June 4, 2020. The Annual Report containing the Notice is also uploaded on the Company's web...
Farmers' cooperatives are taking online orders and directly delivering fresh produce to city-dwellers. This is the transformation that we had spoken of five years ago, when we said that Default is Digital, but even I am still amazed by the scale and speed of the change. TCS Annual Report 2019-20 Letter from the Chairma...
We not just enabled remote access for our associates but also calibrated our project management framework and security posture so that work could be properly allocated, governed, and reported, while maintaining our stringent security controls, and pivoted into a new operating model that we call Secure Borderless Worksp...
TCS will also be honoring all the job offers made till date, to freshers and experienced professionals. Our investments, our empathy, and our commitment is what makes our associates feel valued, and which gets reciprocated with unmatched levels of energy and dedication to our organizational purpose. It has also resulte...
Our strong and deep relationships with a high-quality customer base, largely Fortune 1000 and Global 2000 corporations, and our industry-leading operating margin give us the wherewithal to weather the difficulties ahead. A strong balance sheet with zero debt and a big war chest positions us strongly to seize any opport...
Without dedicated and driven people, [Client Name] would simply not live up to its promise of securing the future for its customers. You certainly are the creme of the crop." CTO, Major Staffing firm Operations Head, Large Global Insurer TCS Annual Report 2019-20 TCS' Response to Covid-19 I 14 # Innovation in the time ...
Originally known as Ralli House, this Grade IIA heritage structure was acquired by TCS in 2004 from Rallis, a Tata Group company, and painstakingly restored and remodeled, while retaining the original stone facade. # Partnership with Walgreens Boots Alliance Walgreens Boots Alliance, a global leader in retail and whole...
# Q1 - Launched TCS Pace Port™ New York, a new co-innovation and advanced research center that unifies the best of TCS' global research, innovation, partner ecosystem and business transformation services - designed to help customers scale up their innovation efforts and accelerate their transformation journeys. - Celeb...
The new digital bond claim service has reduced customers' wait time for cash withdrawal by almost 80%. Digitization has reduced claim processing time by 75%. All this has resulted in some early positive impacts on the Net Promoter Score as well. Leveraging the TCS innovation network and experience, we have achieved a l...
But that is the nature of technological innovation. Newer technologies open up the possibility of accomplishing a certain task faster, better or cheaper. As a customer-centric organization, we will keep looking for newer, better ways to achieve a certain business outcome, and offering those innovations to our customers...
KR: To add to that, innovation initiatives tend to be fairly high profile in most organizations. By engaging in those initiatives, we are building strong relationships with a broader set of stakeholders in the enterprise - line of business heads, functional heads, COOs, CEOs and the Board. # Partnering RBC in Reimagini...
Anyway, most of our incremental revenue comes from existing customers who know us well, and with whom we have ongoing conversations. Second, travel restrictions impact everyone and not just us. So our relative competitiveness is not affected. And lastly, the post-pandemic world will see more and more activities that pr...
Our purpose-driven culture, progressive HR policies, and philosophy of investing in people and empowering them have made us an industry benchmark in talent retention, and an employer of choice across the world. We have a program called Contextual Masters which celebrates experienced employees who use their contextual k...
In five short years, Vitality is among the top 5 market leaders in the UK and enjoys a 50% prompted brand awareness. TCS Annual Report 2019-20 Business 4.0 Stories I 31 # PM-JAY: Leveraging Technology to Provide Healthcare Coverage to India's Poorest Crushing poverty can deprive the poor of access to quality healthcare...
other than individuals / HUF, NRI, etc.) are required to send a scanned copy (PDF/JPG Format) of its Board or governing body Resolution/Authorization etc., authorizing its representative to attend the AGM through VC / OAVM on its behalf and to vote through. remote e-voting. The said Resolution/Authorization for transmi...
For details, please refer to corporate governance report which is a part of this Annual Report and FAQ of investor page on Company's website http://on.tcs.com/IR-FAQ. 17. At the twenty-second AGM held on June 16, 2017, the Members approved appointment of B S R & Co LLP, Chartered Accountants (Firm Registration No. 1012...
Once the home page of e-voting system is launched, click on the icon "Login" which is available under "Shareholders" section. 3. A new screen will open. You will have to enter your User ID, your Password and a Verification Code as shown on the screen. Alternatively, if you are registered for NSDL eservices i.e. IDEAS, ...
In case of any queries relating to e-voting you may refer to the FAQs for Shareholders and e-voting user manual for Shareholders available at the download section of https://www.evoting.nsdl.com or call on toll free no.: 1800-222-990 or send a request at evoting@nsdl.co.in. # Contact Information In case of any grievanc...
ACS 8644 Mumbai, May 15, 2020 # Registered Office: 9th Floor, Nirmal Building, Nariman Point, Mumbai 400 021 CIN: L22210MH1995PLC084781 Tel: 91 22 6778 9595 Email: investor.relations@tcs.com Website: www.tcs.com TCS Annual Report 2019-20 Notice I 41 # Annexure to the Notice # Details of Directors seeking re-appointment...
The PAT attributable to shareholders for FY 2020 was `32,340 crore registering a growth of 2.8 percent over the PAT of `31,472 crore for FY 2019. For FY 2019, the Company paid a total dividend of `30 per equity share. Further, the Company bought back 76,190,476 equity shares at a price of `2,100 per equity share for an...
To reduce the delivery risks, the company has rolled out Guidelines for "Service Delivery under SBWS" and has been monitoring the 25,000 projects across the globe on a daily basis through the digitized dashboards. The customer-centricity, rigor in operations and focus on delivery excellence have resulted in consistent ...
The above criteria are broadly based on the Guidance Note on Board Evaluation issued by the Securities and Exchange Board of India on January 5, 2017. # 11. Number of meetings of the Board Seven meetings of the Board were held during the year under review. For details of meetings of the Board, please refer to the Corpo...
Corporate Social Responsibility The brief outline of the Corporate Social Responsibility (CSR) Policy of the Company as adopted by the Board and the initiatives undertaken by the Company on CSR activities during the year under review are set out in Annexure II of this report in the format prescribed in the Companies (C...
The Company has devised proper systems to ensure compliance with the provisions of all applicable Secretarial Standards issued by the Institute of Company Secretaries of India and that such systems are adequate and operating effectively. # 27. Deposits from public The Company has not accepted any deposits from public a...
The Company continued to foster the culture of innovation, with one crowdsourced innovation event a week. The TCS Innovista competition attracted 6,500+ entries across business units. # Expenditure on R&D # Foreign exchange earnings and outgo TCS innovation Labs are located in India and other parts of the world. These ...
The Company's focus areas are Education and Skill Development, Health and Wellness and Environmental Sustainability. In addition, the Company has been supporting the restoration of heritage sites as well as participating in relief operations during natural disasters. The Company's participation focuses on operations wh...
MGT-9 # Extract of Annual Return as on the financial year ended on March 31, 2020 [Pursuant to Section 92 (3) of the Companies Act, 2013 and Rule 12(1) of the Companies (Management and Administration) Rules, 2014] # I. REGISTRATION AND OTHER DETAILS: |i. CIN:|L22210MH1995PLC084781| |---|---| |ii. Registration Date:|Jan...
No.|Name and address of the Company|CIN/GLN|Holding/ Subsidiary/ Associate|% of shares held|Applicable Section| |---|---|---|---|---|---| |23.|Tata Consultancy Services Sverige AB Mäster Samuelsgatan, 42 SE 111 57, Sweden|- do -|- do -|100|2(87)| |24.|Tata Consultancy Services Belgium Lenneke Marelaan 6, 1932 Sint-Stev...