Clarification request date:

  • May 29, 2026

Clarification:

  • TCS issued a formal clarification regarding an article published by Moneycontrol.com on May 29, 2026
  • The article was titled "TCS loses part of RBC Canada technology mandate, 150 members to be 'rebadged'"
  • TCS states the article is "completely false and inaccurate"
  • The claims made in the story are described as "entirely devoid of facts"
  • The article appears to be based on "unverified and speculative sources"
  • TCS had explicitly informed the publication that there was "absolutely no truth to the claims"
  • Despite clear clarification, the story was published relying solely on unnamed sources
  • TCS affirms its "very longstanding partnership with Royal Bank of Canada"
  • The company states it has "nurtured this business for years"
  • TCS "cherishes our partnership with Royal Bank of Canada"
  • The clarification is filed under Regulation 30(11) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015