The Exchange had sought clarification from Tata Consultancy Services with respect to news article appearing in The Economic Times on April 4, 2015 titled 'TCS, Others in Race to Acquire Elitecore'. Tata Consultancy Services replied stating that they would like to state that TCS is a global company and the among the largest in terms of market capitalization. There is lot of interest in the Company from the media and analyst community, which tracks and reports on the M&A deals in the IT sphere. They do not have any specific comment to offer with regard to the above news item and would like to affirm our commitment to fair disclosure.
The above information is a part of company’s filings submitted to BSE.