Tata Communications Limited has announced the incorporation of a new Joint Venture (JV) entity in the People’s Republic of China, named TC (Shanghai) Technology Company Limited. The JV was established through an agreement between TC Hong Kong and the Local Partner. This new company will focus on providing value-added telecommunications services, technology development, and related consulting services, marking a strategic expansion for the group in the Chinese market effective March 12, 2026.
Establishment of TC (Shanghai) Technology Company Limited
Tata Communications Limited announced on March 18, 2026, the successful incorporation of a new Joint Venture entity in the People’s Republic of China. The new company is named TC (Shanghai) Technology Company Limited, referred to herein as “TC Shanghai”. The incorporation officially took effect on March 12, 2026, with the Certificate of Incorporation being received on March 18, 2026.
Joint Venture Structure and Ownership
TC Shanghai has been formed as a joint venture between two shareholders: Tata Communications (Hong Kong) Limited (“TC Hong Kong”), which is a wholly-owned indirect subsidiary of Tata Communications Limited, and Shanghai Runshengtong Management Consulting Co., Ltd. (“Runshengtong”). Both shareholders have agreed to hold equal shareholding in the new entity.
The capital contribution for the subscription price, totaling RMB 10 Million (RMB Ten Million), will be equally contributed by both shareholders. Consequently, Tata Communications (Hong Kong) Limited holds 50% of the capital of TC Shanghai.
Business Focus and Scope
The primary industry focus for the newly established entity is Telecommunications. The licensed projects include Category I and II of Value-added Telecommunications Services. General Projects will encompass a broad range of services, including the provision of end-to-end technology services, technology development, transfer and promotion, technical consulting, software development, computer system services, data processing services, and the import/export of technology.
Consideration Details
The consideration for incorporation involves a cash contribution from both shareholders. TC Hong Kong and Runshengtong will each contribute a cash consideration of RMB 5 million (RMB Five Million only) to establish TC Shanghai.
Source: BSE
