Board appoints Sweety Mamodia as Company Secretary and Compliance Officer from November 1, 2026
The Board of Tata Teleservices (Maharashtra) Ltd approved the appointment of Ms Sweety Mamodia (ICSI Membership No. A60253) as Company Secretary and Compliance Officer, effective November 1, 2026.
By ScoutQuest · · 2 min read
- Appointment Effective Date
- November 1, 2026
- ICSI Membership No
- A60253
- Audit Opinion (Q2/H1 FY26)
- unmodified audit opinion
What the board approved
- The Board of Directors met on October 22, 2026 and approved the appointment of Ms Sweety Mamodia (ICSI Membership No. A60253) as Company Secretary and Compliance Officer of the company, effective November 1, 2026.
- She will also be designated as Key Managerial Personnel under Section 203 of the Companies Act, 2013.
- She is authorised under Regulation 30(5) of the Listing Regulations to determine the materiality of events and information and to make the related disclosures to the stock exchanges from her date of appointment.
Other appointments in the same meeting
- Mr Gaurav Gupta (DIN:11999617) was appointed as an Additional Director (Non-Executive and Non-Independent) with effect from October 23, 2026, subject to approval by the shareholders.
- Mr Sai Pratyush (Vice President - Strategy) and Mr Vaibhav Ambradkar (General Manager - Customer Experience Group) were appointed as Senior Management Personnel with effect from October 22, 2026.
- These appointments were made on the recommendation of the Nomination and Remuneration Committee.
Audited results for the September quarter
The board also considered and approved the audited financial results for the quarter and half year ended September 30, 2026. The statutory auditors, Price Waterhouse Chartered Accountants LLP, issued an unmodified opinion on these results.
- Revenue from operations was Rs. 309.65 crore for the quarter.
- EBITDA (earnings before interest, tax, depreciation and amortisation) was Rs. 164.61 crore.
- Loss after tax was Rs. 59.20 crore for the quarter and Rs. 131.35 crore for the half year.
- Net worth stood at negative Rs. 18,932.69 crore as on September 30, 2026.
Points a retail reader may want to track
The notes to the results record that accumulated losses have exceeded the company's paid-up capital and reserves, and that current liabilities exceeded current assets as at September 30, 2026. The company states that it has a support letter from its Ultimate Holding Company and is confident of meeting its fund requirement and continuing as a going concern on that basis.
Capital structure items
- Outstanding redeemable preference shares: 201,800,000 shares, valued at Rs. 837.75 crore.
- Commercial paper outstanding as on September 30, 2026 was Rs. 1,505 Crores at maturity value.
In simple terms
A Company Secretary and Compliance Officer appointment is a governance and compliance matter. The additional information in this update is the September quarter update: the company reported a loss for the quarter and the half year, and its net worth is negative, with the auditors' opinion unchanged (unmodified).
Also from Tata Teleservices (Maharashtra)
Board approves Senior Management Personnel appointments; also clears director and company secretary changes
22 Oct 2026
Standalone results for the September 30, 2026 (Audited)
22 Oct 2026
Board meeting on October 22, 2026 to consider and approve audited Q2 and half year results
15 Oct 2026
More numbers
- Revenue from operations, quarter ended Sep 30, 2026 (Rs. in crore)309.65
- EBITDA, quarter ended Sep 30, 2026 (Rs. in crore)164.61
- Loss after tax, quarter ended Sep 30, 2026 (Rs. in crore)(59.20)
- Loss after tax, half year ended Sep 30, 2026 (Rs. in crore)(131.35)
- Net worth as on Sep 30, 2026 (Rs. in crore)(18,932.69)
- Outstanding redeemable preference shares (quantity)201,800,000
- Value of outstanding redeemable preference shares (Rs. in crore)837.75
- Commercial paper outstanding as on Sep 30, 2026 (at maturity value)Rs. 1,505 Crores
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