Amalgamation
As filed · Tata Consultancy Services Limited has informed the Exchange about Amalgamation/Merger
M&AWatchMajormateriality 84 out of 100
What happened
FactTata Consultancy Services Limited has informed the Exchange about Amalgamation/Merger. December 16, 2025 with respect to the acquisition (the “Acquisition”) of 100% of the equity. of 86% of the equity interest in Coastal Cloud.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedEarlierFY26
Operating Margin Highest in last 4 years 25%
NowFY26
Net Margin Highest in last 4 years 19.8%
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement claimed an operating margin of 25%, while the current statement reports a net margin of 19.8%. This represents a material change in the stated numeric target for margins.confidence 90%
Watch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
Evidence
- Tata Consultancy Services Limited has informed the Exchange about Completion of acquisition of Coastal Cloud Holdings, LLC.(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%