Tamilnadu Telecommunications Price Movement Clarification
Tamilnadu Telecommunication responds to NSE surveillance on a price movement. It attributes the movement to the promoter's decision to sell its stake, informed at the 25.09.2026 AGM.
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Tamilnadu Telecommunication responds to NSE surveillance on a price movement. It attributes the movement to the promoter's decision to sell its stake, informed at the 25.09.2026 AGM.
Tamilnadu Telecommunications Limited clarified that recent share price movements are likely due to the promoter's decision to sell their stake. The company, a joint venture sick company, stated that the promoter (a government entity) has floated a tender to find a buyer, an activity already in the public domain.
Tamilnadu Telecommunications Ltd clarified that recent share price movement may be due to promoters floating a tender to sell their stake. The company, currently a sick unit with no active operations, confirmed all material information has been disclosed. This promoter activity is being undertaken with government consent.