TCS Enters Into MOU With TRIL

Tata Consultancy Services Ltd (TCS) has informed that the Company and Tata Realty And Infrastructure Ltd (TRIL) have entered into a Memorandum of Understanding (MoU) under which the Company proposes to commission TRIL to develop for the Company properties on land owned / to be owned by the Company. The MoU covers eight properties located at Pune, Trivandrum, Kochi, Ahmedabad, Hyderabad, Kolkata, Nagpur and Mangalore totaling approx. 380 acres acquired / to he acquired by the Company. The properties will he developed in a phased manner over the next few years for the Company. The buildings will he constructed and owned by TRIL (or by Special Purpose Vehicles set up by TRIL) and will be leased tothe Company.

The Company is one of the worlds leading information technology Companies, engaged in the business of software development and allied businesses. TRIL is engaged in the business of, inter alia, development of real estate and infrastructural facilities. The Company and TRIL are both promoted by, and are subsidiaries of Tata Sons Ltd.