TCS Acquires Two Tata Realty Subsidiaries in ₹1,625 Crore Deal

Tata Consultancy Services (TCS) has announced the acquisition of two subsidiaries of Tata Realty—TRIL Bengaluru Real Estate Five Ltd. and TRIL Bengaluru Real Estate Six Ltd.—in a deal valued at ₹1,625 crore. This acquisition is part of TCS’s strategy to strengthen its delivery infrastructure and expand its operational capabilities.  

The two entities being acquired hold land TCS plans to use to construct future delivery centres. This move reinforces the company’s long-term commitment to growth and enhancing its service delivery network.

Acquisition Details

Tata Realty and Infrastructure Limited (TRIL) is acquiring 100% equity shares and Optionally Redeemable Convertible Debentures of TRIL Bengaluru Real Estate Five Limited and TRIL Bengaluru Real Estate Six Limited for ₹1,625 crore. These entities, incorporated in 2023, operate in the commercial real estate sector and hold land for developing delivery centres.

Transaction Nature

As wholly-owned subsidiaries of TRIL, this acquisition is a related party transaction executed on an arm’s length basis. The deal requires no regulatory approvals and is expected to be completed within a year of signing the binding Term Sheet.

Strategic Purpose

The acquisition aligns with Tata Realty’s goal to expand its commercial real estate portfolio by leveraging these entities to develop advanced infrastructure facilities, ensuring long-term business growth.

About TCS ltd

Tata Consultancy Services (TCS), part of the Tata Group, is a leading Indian IT company headquartered in Mumbai. It provides digital transformation, AI, and cloud services to global clients across various industries and is recognised for its sustainability and CSR initiatives.

TCS Share Performance 

As of January 10, 2025, 11:45 AM, the shares of TCS are trading at ₹4,267.55 per share with a surge of 5.66% from its previous day’s closing price. Over the last month, the stock has seen a decline of 3.72% and over the last year it has seen a surge of 4.18%. The stock has a 52-week high and 52-week low of ₹4,592 per share and ₹3,591 per share respectively. 

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